CD there is more upside than down even if they sat idle and did nothing for a year save cash and wait for santos there is limited risk
the company itself is based on the deep drilling campaign that Santos will undertake if seismic mapping reveals large potentials the hype will drive this potential sleeping giant up (mini ramp there LOL)
having their own drill rig is something that shouldnt be forgotten
PRU if anything is a bonus to this company ( although selling that asset was a big mistake)
20% free carried for a potential of 1 billion + barrels of oil net is huge for a little company long term is bright exactly when the price of oil will return to $80 plus
CIG Price at posting:
17.0¢ Sentiment: LT Buy Disclosure: Held