Fair call Gibba. 150,000 bbls per year will only sustain the market cap where it is now. That is the EXPECTED minimum built into the shareprice at announced likely flows of 1000bopd (which would likely average 500bopd over the first year). I prefer to see management being rewarded AFTER they have delivered. In reality BHP or no BHP , management cannot influence petrophysics to any great degree. More importantly perhaps Fund Managers detest these schemes. DYOR
JPR Price at posting:
5.9¢ Sentiment: None Disclosure: Not Held
