You never know the military junta was accused of syphoning of 5 bil from the natural gas field yadana run by total. But the strangest thing about Myanmar is everyone over there knows the generals have there hand out and bank the cash in Singapore. Myanmar is hugely rich in natural resources and oil and gas but especially gas to be among this round of bidders for o and g tenements is a huge coup. As Myanmar is hugely rich in shallow off shore and onshore resources. Theses tenements up for bid now are prime. Worth having a yadana to see the type of resource 5.3 trillion cubic feet in shallow water in andaman sea Some big prizes on offer.
HOG Price at posting:
2.1¢ Sentiment: None Disclosure: Held
