quite a good announcement on Tindalo, wonder who set the packer.
great announcement on Gindara, 75% free carried through a 650mmboe target, and Shell venturing into Phillipino JV's is great.
not sure on the 4c rights issue, but i guess they needed the cash and Pattersons knew it. With Shell announcement there i would have thought they could get the sequence of release better for the share price.
will be good to see tindalo flow without water cut (which i had written off) and also gindara get drilled which looks pretty good considering tindalo has performed as expected (they should be able to get a seal there).
KIK Price at posting:
6.5¢ Sentiment: LT Buy Disclosure: Held
