viking negotiations terminated, page-10

Afraid you may be right dargie. Coming from BHP Phil has underestimated the task at hand given the small funds available. A major would just come in and drill drill drill.IMO , 63 and 58 will just expire. A major will pick them up down the track and see whats there at a later date. This probably explains Phil trekking around the country side looking for smaller affordable projects which once Galoc 2 is pumping along with West Linipacan Nido can handle. There is no budget for 54A as and KIK have nothing as opposed to a free carry by Viking there so that's on the back burner.The doors are slowly closing in on Phil and opportunities for Nido in the medium term, and you can sense a bit of negativity in the last interview and announcement. Our Mr 20% is an opportunist and he would be loving this. IMO only of course. Most thisnk he is a passive investor, I still doubt that.