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Saturday, April 19, 2008 9:49:51 AM
Just like when Addax said in their 3/07 press release that drilling could occur as early as 2nd quarter 2008. That was just talk. They knew it was impossible because the drillship had to be refurbished, then it had a 2 mnth trip to GOG, then it had to go to Kosmos Energy.
How could Addax, in March 2007 say, drilling as early as 2nd Quarter 2008. Then, in Oct 2007, say that we probably won't get the AA till June 2009? That is potentially a 1.5 yr slip and they didn't know about it before - LOL.
For a 2.5 yr project, to potentially slip 1.5 yrs is terrible. What's worst, is the management not being honest and stating this upfront, when they obviously knew. Anybody who has ever managed a real project knows this. Of course, I doubt you've ever managed a real mult-million dollar project.
ND9
PS - You saying I'm off the mark is funny. Of course, if I was a flip-flopper like you, I'd be right all the time because I would be on both sides over every issue.
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