J.L.- Yeah I agree, it would cause a lot of interest if its something in the energy sector.
Yeah sorry $#@!, but they have been looking into moving into energy sector for some time amongst other areas (eg environmental) for diversification. I believe that part of the reason for purchase of Kramer group in PNG was to get a foot in the door of energy action over there.
If this is a decent sized project I think we will see a re-rating. Holders have been waiting for projects that management had in the pipeline from last year and expected to drop this quarter, so maybe its sizeable.
Either way, I still have utmost faith in this management- can't think of anywhere Zimi and crew have put a foot wrong to date.
Spek
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