Newland, wasn't aware of that with Ozzie Companies, I also hold Flinders Mines shares [ Pilbara iron ore ] and the Russians were 2 days away from takeover day & came up with some unimaginable reason to reneg on the deal, sp dropped from $0.30c to currently $0.13 , however number of comments by others on HC seemed to think it was a blessing as the Company had sold out too cheap, I tend to agree, appeared like FMS management were looking after themselves .
And no matter what the resource is still in the ground, plenty of other fish in the sea.
David Jones another classic !
I guess Macquarie may have seen their investment eroding with the involvement of Statoil and share dilution !
From BKP holders aspect, similar to what happened with FMS the resource is still in the ground, Statoil aint no small fry.
Colin Vost sounded extremely upbeat in his last ASX release, compared to other releases put out, no additional charge to BKP for that extra 500mtrs drilling, that has to speak volumes and as mentioned in earlier posts why are they running tests if their is SFA down the holes !
AS PFC indicated they have adequate funds for 2012, a lot of goodies can appear in that time, we have to be mindful that although we are the smaller entity we are not PFC and at the ridiculously low s/p of Baraka, we would have to be one of the best speculative buys on the market.
We are a lot further down the track than 12 months ago, when we were trading around the $0.2c mark, yet here we are 25% lower share price...and their are positive signs even at this stage..must admit I started buying at around the $0.2c mark, lot happier with what I perceive now than then, don't think I would be alone in that, accordingly I would have thought we would have been at least somewhere in the $0.02c-02.5 level now & not at $0.014
Roll on the next 4 to 5 weeks, if she's there the Bankers will be on their hands and knees crawling to PFC
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