Ann: Sale of WA-351-P, Carnarvon Basin, Australia, page-2

re: Ann: Sale of WA-351-P, Carnarvon Basin, A... ?ROC?s strategy is to generate future growth through exploration, appraisal and pre-development opportunities located in Asia and Australasia, preferably as operator. The nature of the WA-351-P asset is not consistent with ROC?s strategy. The monetisation of the WA-351-P asset will allow ROC to redeploy capital and resources to pursue opportunities more consistent with the company?s strategy."

Can someone please tell me how this permit isn't consistent with ROC's strategy?

Sold off a potential company maker, for a song

Management have lost the plot IMO

Cheers