Well I'll agree with you on that scenario...if they do nothing going into Gindara and it is dry, I'd hate to think of the s/holder reaction and this mobs credibility to raise further funds!
Personally would rather see farmouts than more CR's...would give more confidence to acreage value, ability to drill, and their $'s would go further.
Perhaps we'll see a farmout done for SC63 next...needs to be drilled by May this year, they've earmarked Aboabo in the group of 5 wells, it's a known gas discovery...could we see Shell add it to their Malampaya processing platform? (PNOC-EC have to be equally involved).
NDO Price at posting:
9.5¢ Sentiment: LT Buy Disclosure: Held
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