Comments in this thread are reasonable under the circumstances. We are on our 4th Chair in 4 years, and with the current one as a likely exception, the prior 3 were lifestyle orientated in my opinion.
If the pending Amadeus farmin is pulled off, which is likely to be announced in the coming month, that will be hugely significant for the company.
The Range asset is also a big deal. Assuming we can convert the 2C to 2P this year as advised, this will be a significant value boost. Think 20-30 cents alone for this asset. Understand prep work at the drill rig site is already underway.
So much else going on; Mereenie sustaining drilling planned, Dukas and Zevon prep, AMGP pipeline, debt reduction, etc. All being done now under the watchful eye and a crack of the whip by McCormack.
The board, and particularly the Chair, sets the tone and direction of a company. At last we now have something to really look forward to.
CTP Price at posting:
13.5¢ Sentiment: Buy Disclosure: Held
