Put it into hibernation, bread & drippings whatever and there might be just enough in the kitty to get by until hopefully a farminee comes along. It will have to be totally free carried.
Maybe something perhaps Namibia might get drilled next year. On shore L6 later this year early next year I think.
I am certain a cashed up FAR who knows the territory would take it but that is a few to many years away yet.
Also todays share price gives a market cap of about ~16 mil. Not much considering a potential drill worth ~ $130 mill and other potential hot spots.
IMO etc
Throwing in the towel, page-12
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Mkt cap ! $117.9M | |||
| Open | High | Low | Value | Volume |
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