Santos Investor Day, page-47

Yesterdays price sensitive announcement really said Dorado is years off and its going to cost a lot of money, it must have been music to the shorters ears. Investors who bought in the mid to high 40;s are highly unlikely to get even on their money in the next 12 months at least. A cheap T/O in the high 40's might now be attractive to many. So it really is in management hands to come up with something that is short term positive. The answer has to be news concerning Buffalo or the price will just keep drifting lower and lower until a shark appears. While the market is not prepared to give value to proven oil reserves where cash flow is years off, other larger oil/gas companies must see the value. If management cannot come up with something positive short term why not put the whole company up for sale to the highest bidder?