gurame1 plugged and abandoned, page-22

Ronstieb

I also thought about the increased number of shares before i bought back in however the way I see it they still have 65 million in cash and a production rate double what they had before the capital raising plus the Tunisia assets.

I can see how not having a short term 3-5 bagger might be boring, however Gurame and I bet Kurnia will be revisited, at the very least in this environemnt of high oil and gas prices they could sell their holdings for a few million each

What I would like to see is an increased exploration profile in the cooper basin to drive even higher prod and cash. With the big wells over for now the big spending will be over so we will quickly see Coopers cash backing move to 30 - 35 cents by year end