Meridian Petroleum PLC : Onwards into 2007/2008

I sold out of AFD many moons ago because I, like many others then, had lost faith in the management. Similar failure to deliver as on here. I did make a small profit but had I stayed in would be sitting on double my initial investment at a minimum as of now. Lesson learned. So whilst many of us have concerns about the management style and failure to deliver or even acknowledge failure to deliver it might be prudent to sit tight. I agree Mr Mason does no one any favours with the unpleasant BOPD in tow by feeding info. to us if of course BOPD is to be believed.

Moral of the story? You can make money on a share even if the management can't/don't stick with what they say. I say can't just in case there have been genuine reasons eg lack of funds, for the continual delays and lack of news. Having said that I am certainly not advising anyone to stay in if they are unhappy with the management. Please DYOR etc., etc.