I agree in spades.
Again, I'm personally expecting them to be involved in the North Sea promote leases, as they have the money to play there ($9m in the kitty and counting), and thats Mike Scott's old nursery.
This isnt based on any inside information (I dont ask about their specific plans, and Mike wont tell me even if I did), but is just from a point of view of 'If I was them, what would I do'.
Once they tell us what they plan to do with the money, I can easily see their share price behaving the way Beach's did, and for the same reason - the market doesnt like juniors that are either too cash poor, or too cash rich.
Ian Whitchurch
I agree in spades.Again, I'm personally expecting them to be...
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