IMO something is not being said!
For a top 100 oil and gas company to pull out of this deal, there is more to it!
$50 mil to one of those big and well resourced companies is small change. Is this so called flag ship resource all that it is cracked up to be?
Vic resources is so far away, it's not even factored into the price yet and the WA permit doesn't really mean to much, the sp is telling me this.
These are the reasons I'm out. Even at these prices IMO its still to high.
Really what's on offer to add real value.
Guess time will tell.
Ann: Company Update , page-28
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