1. directors believe there is reasonable prospects of xxx, yyyy (ie early stage dirt)
2. are of interest (ie separate out the prod assets from expl assets and "value seperatly ......)
3. part sale (and most "units" have sep processing ...so cash gen units can be "hidden, RFE was a classic for this.....)
4. amortisation schedule to "hide" over spend (unit of production versus declining bal ....)
F&D cost is what matters, along with opex/boe .......the rest is just accounting guff
rgds
V_H
SSN Price at posting:
0.8¢ Sentiment: None Disclosure: Not Held
