Hyperdynamics Corp (HDYNQ)

[hondadriver1973]

RL CANNOT afford to be silent. His inaction at present is killing the shareprice. Did he have a plan B for a dry hole at Sabu-1 or did he just believe all of his own BS too much?

For him to have stated that they weren't looking for commercial oil to sell from this first well, I have to ask the obvious everyday until I get a sensible answer:

WHY DRILL SABU-1 FIRST WHEN THE COMPANY IS SHORT ON CASH OVERALL. WHY NOT INSTEAD DRILL IN THE ABSOLUTE MOST PROMISING LOCATION WHERE THE 3D INDICATES THE ABSOLUTE BEST CHANCE OF FINDING OIL THAT WILL BE DISCOVERED AND MARKETED?

Afterall, such a discovery from the first such successful well would have undoubtedly funded wells #2 and #3 and who knows how many more. As it is, his first shot at the dart board missed and his opportunity to even take another shot may come after HDY sees .25 again. PATHETIC. Four more years of concession rights means nothing if he doesn't get the ball rolling to try again.