As many of you know, I have not been impressed with the way the company has been presented or promoted to existing and potential investors after I left the company almost three years ago. I have not been shy about expressing my dissatisfaction to Bob and the other directors and, as a result, my relationships with those individuals have suffered, if not come to an end. Many of us have had years to consider and study Wentworth as an investment and I know many of you have been there along the way. In retrospect I could have been a little less harsh because so many of the negative issues the company experienced came about as a result of having Maurel et Prom as Operator and the largest interest holder in Mnazi Bay.
We went into our investment in Artumas thinking that we could convince Maurel's CEO Henin that we had the answer as to how to best monetize MB's 5Tcf of gas. He never agreed with methanol/ammonia/urea as the solution and, on the contrary, he never really wanted any input from Bob or anyone. It is really a shame because that solution remains the optimal way to monetize the gas and keep the payment mechanism offshore, in hard currency, and away from the chronic theft by government and individuals.
I am pleased to be witnessing the end of Maurel et Prom as a Henin-run and owned company and I give my best wishes to Bob, the other directors, and the management team for devising a positive solution for buying back 48.1% of the MB license and reclaiming the role as Operator. I believe the timing to be invested in Wentworth is now and I have not been shy about sharing that opinion with my network of friends and associates.
I would like to see the company's executives spend more time and effort marketing Wentworth as an investment in the UK and North America. I wrote to Bob recently and I asked him to sit down with Malcolm Graham-Wood. I believe he just did that and I look forward to reading about their meeting. I speculate that if Bob did sit down with Malcolm it is because he is confident in what is about to happen to the company and bullish on the future. That would be a great way to start this new year.
I want to end this by putting on the IR hat one more time. Watch this company closely and get ready. It is about to get interesting.
Happy New Year to all of you! I have really enjoyed getting to know so many of you and I look forward to our mutual success.