Yes,
Fantastic Article, and why I am still holding and recomending a BUY.
Just goes to show that Santos and Total stole these assets off us.
They should of paid us at least $50 mill for the right and Exclusivity to explore these Promising Basins.
In the industry, they always refrain from doing so. Their master plan is to muscle you out down the track when they demand for your share of costs.
One word of advice, If any of you ever get into business with a partner, always make sure their pockets are not deeper than yours. They will always be tempted to muscle you out by demanding funds for expansion or expenses that they know you cannot afford so as to get you out cheap.
They didn't give us any cash and Cottee had the audacity to organize JV's/Farmins without free carry,
Unbelievable IMO.
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1 | 100000 | 0.046 |
1 | 150000 | 0.045 |
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1 | 175000 | 0.042 |
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