Byron,
Yeah, 5 projects? like ones to make cash, or ones to burn cash? Two development projects in China my my count, unless you knife and fork them. Neither will be sufficient to overcome the decline from current projects.
How knowledgeable of ROCs past are you? Anyone to have the vast first hand experience of the full decade with ROC might just not be the smartest investor about, with not much gain to show from the $2 float. Experience probably isn't all it's cracked up to be, eh? or are you a newbie?
An appalling ROE, an appalling TSR. About 4 times better to have bought oil and paid four the storage.
Goodluck, you need it,
EL
Discl: Held ROC from May 04 to Aug 07.
looks like something, page-13
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