I won't be taking any action if there is no news in the next couple of days.
I understand that these things take a while to hammer out and this may be a very complex farm out if they are negotiating a number of small parcels with different potential JV partners. Personally I hope they keep some fields in reserve to develop themselves when they have the cash.
I am in this for the long haul and very comfortable with my holding. Management have been great and timely with their announcements so I agree with Taboon, we are likely to hear something prior to NYE but it may not be the big announcement everyone has been hoping for. It may simply be guidance of when the partners will be named.
In 2015 I won't be regretting not doing anything because of a few weeks delay in early 2012.
Good luck to all holders,
Wayno
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2 | 91289 | 0.010 |
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Price($) | Vol. | No. |
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0.020 | 310000 | 2 |
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