"the share price of OIP is languishing because there are no imminent drilling being undertaken"
TP - what about the drilling scheduled with a booked rig to commence in a couple of weeks time in PEL 6?
I agree DM is the man for the job, but on balance GGX shareholders are getting a much better deal than OIP SH who have, IMO, better short term prospects (as in booked rigs), in markets closer to home with better access to infrastrucutre (like drilling rigs) and less uncertainty with things like weather (see Phillipines). And cash. And cash.
Get the price right and I'm all for it, but 1 for 2.25 sucks IMO.
JT
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