so no prior warning of missing production target - like GOR, WGX and other well run companies do. I guess it's sentiment. how on earth they could not see it few weeks ago and issue production update as many other companies do? It just shows Nic is not even good as Operations Manager - sorry to say this but the MD has to go.
If the BoDs does not act then it is the BoDs too.
on positive side they started using Put Options to protect the future production but I wonder why they could not use same option for the debt facility instead locking hedges.
reading this report - can anyone tell if TGEP is tracking on budget and time?
Ann: Quarterly Activities Report, page-2
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