Oh it's most likely being played to accumulate just wait until the big boys have had their fill and it's concrete information around reserves etc.
Can see the article now particularly pertinent atm with the desire for Putin to create a new eastern block.
Cuba turns to the West hoping to revive its economy on the back of Melbana massive oil find.
- 8 year tax holiday. Tax rate 15-22.5%.
-$200m AUD in accumulated losses before we pay the Aussie tax man a cent.
Ann: Alameda-1 Significant oil reservoir interpreted in N Struct, page-118
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