re: do not disturb - i'm gobbling my hat!! If the market, rightly or wrongly, has decided to substantially downgrade the value of HDR's Mauritanian oil interests, then HDR will need to find a lot of oil in Uganda to compensate and return to $2.50+.
The oil will also need to be commercial.
I also suspect some in the market link Uganda with Idi Amin, or entertain the possibility of a 21st. century Idi Amin taking power in Uganda.
That being the case HDR's Ugandan assets will carry a heavy political risk discount.
- Forums
- ASX - By Stock
- HDR
- do not disturb - i'm eating my hat!!
HDR
hardman resources limited
do not disturb - i'm eating my hat!!, page-5
-
-
- There are more pages in this discussion • 24 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)