Just went through the AGM Presentation.
Easy to read and recommend those who are interested in this stock to have a read.
The La Punta 2 project should be drilled and results by April 2008 at a cost of US$22 per barrel. With oil in the US$90's ATM, it looks a good low risk punt.
Looks like this maybe close to the bottom for the BKP share price. A good time to accumulate a few.
As the company states "Production, revenue, development and exploration should see a substational improvement to BKP's share price performance through 2008".
Still risky but get in while they are still at rock bottom price.
t
PS Anyone go to the AGM. I and I'm sure others would appreciate your synopsis.
agm presentation
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