Thursday, January 03, 2013 2:24:58 AM
They are not concerned with updating investors in a timely fashion. Then positive news can eventually arrive.
Or they failed to meet one of the milestones of Shona Energy listed here.
http://www.shonaenergy.com/investors/press-releases/press-release-details/2012/Shona-Energy-Company-Inc-Signs-Letter-of-Intent-to-Supply-Natural-Gas-to-Altenesol-LNG-Colombia-SAS1131358/default.aspx
I believe that they are still trying to get the deal completed and have run into some obstacle due to the merger of Shona and Canacol which has delayed signing of contracts. GLTA
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