KIK have a fantastic field of oportunities. The reason NDo and KIK want to do Coron North (Gindara) first is that it is proven to have oil it has proven size and comes from the same source as Malampaya. That all makes for lower risk. Then you have all these big deposits that overlay each other in SC54. With one drill you get 2 chances at a decent size find and in all probabilty you may end up with 2. Then heaps of shallow targets. The other thing with KIK is that they tend not to say too much. At the AGM they mentioed stuff happening in Vietnam and New Zealand not to mention Tunisia , Sambuca Cracovia. My opinion is you are mad to sell this stock.
KIK Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
