newregime clearly you have possibly too much invested in OBL if you start talking about OBL ending up with 75%.
IF OBL get native title and if OBL get 75% then supermajors might be interested not exactly signed sealed and delivered are we.
Realistically we need everything to fall in OBL favour to get out of the current mess OBL are in. Why would Neil sell 25% of derby for next to nothing if it is worth billions ask yourself this. And if you think its worth billions didnt Neil do the worst deal around town then selling it for next to nothing.
Rampers who clearly hold need to take a breath and remember this is very high risk stuff that almosty always goes against minow companies.
Facts are they have little cash especially if the sale of derby is to fund only working capital commitments for the next year. Management need to be bought to task in terms of remuneration what shareholder worth have they created in the past year let alone 5 years.
OBL Price at posting:
3.0¢ Sentiment: None Disclosure: Held
