given the ownserhip - this will also be immaterial. I think you...

given the ownserhip - this will also be immaterial.

I think you need to look at Roc true value based on cash flow , appraisal and development assets and assess what is a very small hiccup. Lets say the program cost 15 million - and costs Roc 1.5 million, is this material - no

I value Roc at 8Oc so even If I eliminate reserves still insignificnant. Even if I assume another 2 million cost, still insignificant. Its the smallest and less profitable field

trust me, i have enough money in the sotck to force myslef to be objctive and I have enough of a profit to walk away happy if I chose, but i think the news its minor