Hello Kray,
I do understand your point....
But Read the Dec08 quarterly ... it is NOT a ramping gazette, more like the official view of our company.
Also a related key statement re POO ... Crux Sale
DECEMBER CORPRATE FILE
(Extract)…
corporatefile.com.au
Has the value of the Crux liquids project changed significantly from the price
reported at the time you announced the MOU for the sale of the 25% interest?
MD Ian Tchacos
I think the major change between the time we announced the MOU and now is probably the drop in oil price. However, there are obviously a significant number of companies who take a LONG TERM view of the oil price and who still have an appetite for quality resource assets in premier locations. On the positive side, results from the Libra-1 well in AC/P41 are expected to increase the resource potential of the adjacent Auriga structure in AC/P23 which may in turn provide a significant relatively low risk add on for the Crux liquids project if future drilling is successful.
Good Luck..
SharpE
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Hello Kray,I do understand your point....But Read the Dec08...
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