Very odd ann, all about gross revenue and nothing about costs. Great that something is finally signed and they can get to work but the timetable is very ambitious and Raya doesn't have the financial or technical resources to do its share. Bakrie should also be able to fund it all itself (it's a huge conglomerate of companies), in which case what use is Raya? I think the sp reflects the uncertainty and I'm not sure I want to buy in yet either, and their O&G plans won't help to save the planet.
RYG Price at posting:
1.2¢ Sentiment: None Disclosure: Not Held