Its IMO another under whelming announcement. Its all old news...

Its IMO another under whelming announcement.
Its all old news rehashed.
Are the drilling they are talking about only on the production license if they don't suck in another player?
The announcement is exactly what I posted with zero happening until mid next year.
The most concerning thing is the WA change in gas policy.
If I still held I would have been just as critical unlike the bruthers on here.
The market obviously thinks this mob are still in deep POO.
Quoting last Junes cash in bank with no mention of costs for remediation which are still ongoing is a red herring.
All they say is U7 is done after hold ups with no report on what was achieved.
Its par for the course for Eric who is an expert in saying nothing of substance.
If one reads the market update with no blinkers on blind Freddy can see this time next year they will be struggling.
The SP tells it all.
Good luck to those wearing rose colored glasses.