I must say I am extremely disappointed by the markets reaction to the announcement. I expected a decent rerating of the price and a new base.
I had expected around .18-.20 at least.
At least the tenements are secured now and we have 3D to look forward to.
Still a long time to go to get to drilling.
I will wait for any weakness and pick up a few more if it drifts down.
Ann: Woodside Enters Into Exclusive Option on Namibia PEL 87, page-119
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