Yes, its bargain basement with a 12 month view..
Going by the recent BRR interview it seems Caliuit and Argentina activities wont heat up until year end
Wildcard in the meantime is possible farmouts of the big Philippine exploration prospects and/or farmdown to free carry for Caliuit development project
Considering opportunity cost and the usual risks attacthed to development/exploration, for me its an accumulate on weakness strategy leading up to year end
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