Not much to be said after reading it.
Management own a massive 0.08% of the company.
Since 2013 they have lost $26 million.
Now they are thinking of reviving the coal project (DFS to be done all over again).
Derby block required 2 wells to be drilled.. now none until the end of next year.
I cannot deny the share price appreciation, but.... the company now has more debt than cash, yet continues to buy its own shares on market.
I can only look forward to reading next years accounts....
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- Ann: Full Year Statutory Accounts
Ann: Full Year Statutory Accounts, page-2
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