Over 3 weeks late in announcing the results of their Due Diligence on the Tassie outfit they were seeking to buy.
That is significant to me...They were very active in announcing nect to nothing last Nov, when they were going to be drilling, never got there for reasons beyond their control - weather, breaking down rigs etc. Maybe they learnt to be a little more cicumspect.
This silence though is deafening...a harbinger of things to come, like we have called off the tassie venture?
Shagging around with other things they were saying they were going to do is all at the margin. They should be putting holes in the ground - something of which they have a bit...
Headed up be a chance I believe and not a person from the industry...
KML Price at posting:
0.0¢ Sentiment: Sell Disclosure: Held
