Yes SP is pathetic but West Texas Intermediate crude just gained 2.3% to $59.17 a barrel, the highest in more than four weeks so the oil rally will help. There are likely good stories on the way from our China assets and perhaps PNG. The PNG Govt has backed down on delaying the PNG LNG expansion so may also come to their senses over Stanley. They need the cash from the WLNG and the landowners need the royalties. But yes our highly HZN management and lavishly paid consultant ex CEO (what is he doing?) need to be accountable.
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Price($) | Vol. | No. |
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