BSP 0.00% 0.2¢ black star petroleum limited

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  1. 1,957 Posts.
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    "The Group has the ability to sell its 73.07% interest in the Nebraska Oil Project"

    Non-current assets were stated in the annual report as having a value of $8,282,200..........I assume this is the implied value of the Nebraska Oil Project? I like the management but am not sure how they will raise any significant amount of cash unless they dispose of this asset.
    Maybe then use the proceeds to acquire something that has a chance of increasing shareholder value................
 
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Currently unlisted public company.

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