Originally Posted by
digger
Tonight i finally got a reply to my email to Paul Grogan sent last thursday.To his credit he does have a long history in the oil investing market and we both had shares in old Southern Pet way back in ages gone now. I wouldnt give him much credit there. Many people including myself invested there many moons ago
Paul Grogan's point that NZO was slow to take out PPP is hindsight. [too much after the fact. Also how would he know that nzo could successfully take over PPP. And if they could how much would they have to pay to take over it? Throw in the mix of a blocking stake as well. [/b]
Pauls comments about how much money we lost on leaving money in US dollars is sadly correct and well documented and discussed here many times.Again i have to say hindsight as i do not know of any public forum where Paul put forward these views when the dollar was back at 50 cents and John Keys telling us it would fall to the mid 40's. Prior to this last 6 months we made money on foreign exchange. This is like the Dairy company years ago.Made heaps for a few years then lost all of it and more in subjent times plus paying the experts for losing money. Exactly