that is a fair post but why does everyone forget they have 19% of perseus which in 1-2 years will be producing gold from their 7mil odd ounce they have in resources.
imagine a share in that ontop of the oil play at hand if at anytime they need cash it is a possiblity they would sell the shares in PRU for atleast 50mil plus that should help the SP along
we all know there is oil in the region talk is nonsense right now the real impact if it will happen this year will be with the deeper structural drilling (santos).
Expect a few more ann in next few month regarding JV drilling with Santos for a small share IMHO
Do your own research i dont expect people to take my post as financial advice but as my opinion only at this point in time
I expect all CIG holders have been holding long term another 1 year wont hurt good luck all
This has more upside than downside risk if you do the proper research
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