Bhutos
Great summary of where OBL is really at. It will be interesting to see if a farm in partner is a soda once the block is completely sorted. Nothing in the market is a given. Punters will need a done deal before any re-rating takes place.
Nothing now until next year. More capital will be required. Management repeatedly thanking holders for their ongoing support is a subtle sign that more ongoing support is required. The years just keep rolling on in OBL time. Doyle's salary at nearly 400K and McGrath not far behind him you just wonder how urgent progress is/is not for them. We all got to make a living and when you consider all the dilution to shareholders and further dilution to come its a pretty good deal for them. They will not lose long term. They both have sizeable holdings but their salaries are the priority.
Just another year and still a long way from generating an income. OBL time is like a clock with a flat battery.
We're all going to live forever so I suppose who cares. Time does not matter. It's just a petty detail.
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