Cello Energy: Who Else Forgot Their Technical Due Diligence?
There’s more fallout from the Cello Energy case that we commented on last week, with suggestions from The New Republic journal that the US Environmental Protection Agency (EPA) may have been guilty of neglecting their technical due diligence too.
Perhaps Cello’s investors had difficulty finding the right experts to assess the company (we’re right here chaps!), but surely that’s not a problem for the EPA?