Oz ops seem to be finally in balance in terms of cost.
They managed to develop quite an overhead for the UK holdings. In excess of 8 mln! Possibly mr Kerogen is invoicing us for staring at it.
(Sounds crazy, but I may actually be right. They are shameless as is, doubling up on any loanshark agreement ever made..)
The other thing standing out is the mention of Monument Prospekt. Yes, indeed, we got a mention!!! Pissing away 50% of the balance sheet, and we got a mention.
The guy that conned us is on fire for sometime now, so justice is served, however, it would be good to get back some money. Say 25 million. From his estate, or directly from Allan Campbell. I don't mind, as long as we get it!
I may seem rude. But. What is really rude is this whole Monument Episode. 87.5$ million. Without any contract or accoutability. They were all in it.
And, it was shareholders money. Yours and mine. So, no mercy.
AJL Price at posting:
29.5¢ Sentiment: Buy Disclosure: Held
