I too believe that Management may need these changes in order to have flexibility in negotiations for partners, or to secure an asset purchase, or to maneuver in the marketplace. I am very interested to see how Delek Group votes their shares. Maybe this situation really is more than a case of 6 of one, or a half-dozen of the other. This may be what needs to happen for the company to have the best chance to stay viable.
I sincerely believe that Gulfslope Energy has some good genes in their corporate DNA and will overcome the obstacles to ultimately drill the Tau 2 well.
FYI, I was very impressed with the ‘many options’ for voting provided by the company. Obviously some effort was expended to make this as convenient as possible. You can always go old-school and returned your proxy card in the postage-paid envelope.
Mrs. Smith
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