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5i Recent Questions
Q: I have about 6000 shares of PMI and had pretty much given up on them. Recently trading was halted as they prepare to do some kind of reverse takeover with Penta Nova Energy. Could you please comment on what this might mean for my shares? Thanks
Q: I was disappointed to see PMI sell its prize asset before being able to realize its true potential. True, the holes were horribly expensive which meant that gambling on a wildcat in Molisht pretty much did this company in. Would you agree with this assertion? Or would you think it is the oil price crash that has made pure exploration play unpalatable for financings?
Q: What is your opinion of the quality of the management at Petromanas? I believe they've made some dubious decisions such picking the wrong rig(2000hp instead of 3000hp), and spending money in a futile attempt (so far) to prove reservoir connectivity between 2 of their main prospects (one of which is a 100% wildcat)
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