I guess your talking about one of the gas prospects-easy to monetise,if succesful crusaders. My thoughts are yes we could ,if it were a duster,we'd probably have to sell the rest of the PRU shares to stay afloat. I stated some time ago I was going to go to the agm,Ihavent got cold feet,just cant see any point now. Its clear theres not going to be a major shakeup of the senior management so the status quo will remain. Inept decision making will continue unabated. From the annual report 2 wells drilled using our rig for STO,yes we got paid for it but who really benefitted? Forget the cashflow,what was CIGs profit from this drilling program?. And why isnt our $5 million investment (the drill rig) working more often? They talk about the Tashbuluk structure 4 Km in depth which our rig cant drill.
CIG Price at posting:
9.0¢ Sentiment: None Disclosure: Held