re: hdr team went to sleep? Goblin, instead of being an idiot, do some homework on HDR.
We could reasonably assume the following figures.
Ching 150 million barrels, Tiof 300 million and Tevet 50 million. At AUS$10 per barrel this gives HDR a valuation of $1.62. Add $300 million in cash, Banda, Guyane, Uganda and the potential for upgrades at Ching, Tiof and Tevet plus further exploration success in Mauritania = >>>>>$1.62.
Looks like some people may be the fools for not recognising value at current levels.
See what happens.
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