chook
i am out as i indicated in my email ... i still think that there is value for a big player sitting on the acreage ... too risky for me but i could see someone paying A$300M (then take off the debt) and get to around 70c per share.
again - i see value for someone to sit on the Mancos Shale especially ...
BUT i have sold. disappointing but reality that i cannot risk $$ on this mgt
fortis may not be keen, page-15
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