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new permit in china , page-6

  1. Samscout
    1,077 Posts.
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    14/05/12
    16:42
    Post #: 10172357
    Would anyone have any idea how much ROC will spend on this new permit? Management seemed to overlook that particular detail.

    It would be nice to get some strong positive cashflows and dividends flowing rather then pouring it all back into ground.

    Its one of the reasons why I bought in earlier in the year.

    Without knowing what the spend is on this new field its hard to value it going forward.

    ROC Price at posting: 35.5¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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