re: Ann: Report for Quarter Ended 31 December... Not much excitement based on the quarterly report.... was a solid result.
Being a non-dividend paying company and having a significantly scaled down (ie deferred) exploration program, the only driver for the foreseeable future is oil prices… & who wants to rely on oil prices going up substantially in a potentially prolonged world wild recession…
I suppose all the above is valid if one believes the shareprice is currently fairly valued...
Ann: Report for Quarter Ended 31 December 2008 , page-9
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