That's the difference between Blue chips and specs, they look long term and usually only have reduced profits or impairments rather than hard losses.
Not WA in main but they do have some tenements WA, but I have my eyes on a larger stake in KAR (Brazil Santos Basin), and think they are worth watching next 2-3 years. Capital raise coming, and I have a few free carried, but close to $1, and I'll be going in harder soon.
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That's the difference between Blue chips and specs, they look...
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