the good oil, page-3

certainly a good report. that means that cpc's share of the oil is about 1m barrels (recoverable), as well as the potential for more, from the zones which were excluded from the calculations. with heaps of cash ($12.5m - as per the last cash statement), and 30m shares on issue, and the good oil, then this share is a a steal. i should buy moe, but it seems that no one is really interested in it . the managemnt has looked after the cash, and it seems to have made a very prudent investment, as small as what the equity is