Top post Jojo.
I am happy with the Seruawy exit as well.
I expect the South Madura exit is imminent as well.
Then its good bye to Indonesia forever.
I know Cooper is not going under like alot of the small base metal companies. We are still making profits on our $22 barell oil getting about $80 aussie for our tapis.
Would prefer them to buy more reserves while oil price is low then blowing another 15 million. I agree oil will be back to the 70 to 90 mark in 12 months.
Cooper will be around in 12 months just hope the board isnt. Should be a very fiery AGM this week. Im glad they released that Seruway announcement before the AGM. 75% CHANCE TO NO PROSPECTIVITY IN 8 MONTHS. What a technical team!!!! More fuel to the fire on the board.
how much left in the kitty, page-31
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