What I took away from the Presentation was the complete lack of even a pretence at forecasting a future drill date for anything. Normally oil/gas explorer presentations are full of outrageously optimistic near term drill dates - not one of them in this presentation. Looks like they will be doing nothing but counting the LT cash flows as they are received.
I hold and recently increased my holding - dont see a catalyst for increasing it further on this presentation however. Short of oil spiking to $90+.
investor conference preso hong kong 2009, page-10
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