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03/12/12
13:41
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on the money buffet, $70m of farm-in deals free carry drills plus $15m in the bank, current market cap under $50m.
Take away cash and net market cap of $35m half of farm-in deals.
One drill in Morocco to test 3 zones or more hopefully...waiting to see when drilling and what the strategy is now.!
Give it time...FAST took time to get going as well after their farm-ins. market takes time to digest info.
Company and projects massively de-risked now with these important milestones. Insto's wont be far away now, forget the short term noise.
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