OK through a partial sale 10-15% of Cambay and a spp at 5cents these guys will be fully funded to drill their share of Cambay 77 so we are lead to believe in the December quarter which starts in a fortnight.
Although all drills are risky this one is apparently fairly de risked in as much as at least we know the reserve is their
Canning basin by all accounts these guys may have found a big new play although early days!
Indonesia has not appeared on the last presentations so we have no idea what is happening there
Sp today almost at all time lows to me the future looks to hold good news the sp tells a different story . What am I missing?
October 4th and November 12th two meetings I will be attending
OEX Price at posting:
4.5¢ Sentiment: Buy Disclosure: Held
