Ann: Indonesian Drilling Program to Commence Nove, page-6

re: Ann: Indonesian Drilling Program to Comme... Well today we had what I would call a significant announcement with approvals and a rig booking and name for the first of the exploration wells but was greeted by the market with a big "yawn". All these small oilers need a knock out punch news or event to really kick start them and Baragatan for me is Nido's as in Cinco for Otto. I used to think that bits and pieces will make up a big whole but it doesn't. They have been toying with 63 for years and describe it as a company changer blah blah blah. Brokers describe it as the blue sky. Well get on and drill the thing and change the company.!!
They can throw 10mil for 10% of a look at Indo but can't find another 2mil for 50% look at Baragatan.IMO only