CE1 20.0% 0.8¢ calima energy limited

Ann: Company Update, page-134

  1. 1,668 Posts.
    lightbulb Created with Sketch. 304
    Im not so sure this is an oil price play. Imho I think it's an asset play and a T20 holder, staff member and a pre consolidation holder have all done many thousands waiting for management to deliver a sale on any part of CE1 that will give them a return. so far without any success.

    What's your thoughts @Cloudofsparrows

    When will the BOD sell anything that delivers shareholders a return? It is pretty sad that most here want them to sell an asset to make a return. A decent Co would be able to deliver a return for shareholders with these assets. Not these guys. They look like the realestate suit they own are wearing them.
 
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