InvestorsHub Logo

Tapco1

06/26/08 3:40 AM

#133185 RE: DegenerateGambler #133179

DeGen - He said he would contact me when he get's an update from his friends working on the AA. He used to work on the project as a student engineer and he has a number of friends who are still working on the AA.

I'm shure Jeff K from Addax knows exactly what the status is and the reason for the delays. He indicated, in a presentation, that Addax was going to send a group to Singapore to check on the status and verify it's ability to meet Addax's Specs for the planned JDZ exploration. At the rate their going a new one could have been built from scratch. Can you imagine what the overrun cost's are for Aban the owner. Add the lost revenue for sitting in dry dock and you have a major major FU.

I am sure there are investors on the Addax side who are just as impatient as we are.


JMHO

Tap