time to buy, page-38

re: buyers dissapearing Princess Kelly,

And what in you scurilous opinion will be the COE sp if and when the dust of Kurnia settles? How many drills since the last aussie junior struck 200mmbo? 100mmbo? 50 mmbo? The odds are not high, whatever they say before the drill, no matter how honest the management (and contrary to myself, you don't think much of the management do you, perhaps they are selling you a real lemon).

COE has many other lower risk growth options. Also remember the government take is very very high in Indonesia. You might also look at the Cue Energy sp over the last couple of years, with the aid of the nearby Oyong and Jeruk "successes", sobering imo. Little doubt Kurnia's worth the ride, but don't count your profits yet.

but regardless keep the ramping up, always incredible to see such a quick 180 deg turn in opinion, even if only precipitated by one's own buy.

Really I fear the smart money left the junior oilers a long time ago, only the patient (or foolish) money left. Which are you? The "ramp and pass the parcel" game in oilers is over for now.

EL