Looks like we are all getting rolled to me.
Hayden is unlucky - at 32c no one has made money - so he has no support. If oil hadn't tanked we all wouldn't be in this position - but it did, so we are.
They only have themselves to blame, maybe if the NW assets were sold 9 months back - was always talk of selling them - have we even had any sniffs, maybe if Manora started on time ( was 9 months late - not our fault - but so what ), maybe if we didn't do that ridiculous Vic buy in - sure it was immaterial but it was stupid.
Damn was expecting to make $500k out of this one, looks like a break even job.
Fingers crossed Hayden has a mate with $15m, but unfortunately I would think even if so it would be too little too late. Its a Thai asset controlled by the Thais with a Thai shareholder at 20%.
We are screwed. Will be lucky to see 50c all said and done here.
Looks like we are all getting rolled to me. Hayden is unlucky -...
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