They were free carried on the Dukas drill (Santos), they sold 50% of producing assets so they were f/c for $40m + $ in the bank, they were going to be f/c on 2 sub salt drills (peak). That tells me without a jv partner it is ground hog day.
Imo, they need to sell the company and give s/h the money, no good being on the ASX and literally financially going backwards, at present s/h value is non existent and there is no chance s/h will participate in a cr, imo.
They were free carried on the Dukas drill (Santos), they sold...
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