fresh gas hit adds to kitty in poseidon area, page-92

I'm in the same position, not sold a share from $2 to $12 and back but I don't give a rats arras (well, maybe a tad rhat I didn't let them all go at $12!) but, my point is I guess related to how you construct your portfolio. If all your eggs are in one basket, of course you'll be disappointed when things don't pan out as anticipated. I personally think Bobby is a great man, a humble man, and one who despite his personal wealth, is simply trying to maximise his shareholder's wealth. His CR's to some may seem dilution but to me, it gives KAR more options than they otherwise would have had. You say you think Bobby has had his tailpiece ripped out but I don't see it that way at all. He has done everything in his power to mitigate the control that the likes of CP etc would love to have, particularly over the future of Browse gas. He turned down a chance to monetise the Santos Basin assets as he recognised, correctly, that KAR would have been screwed to deal at the prices recommended by his "financial advisors" Make no mistake, Bobby is a true working-man's hero and he is as tough as old boots. I reiterate, KAR is, and always has been, a junior exploration play with a better chance than most of making it to the big league. For that reason, I'm always gonna be a long-termer. My thoughts only.