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Hey Bigfish,How you going? Why did Black Marlin and Afren give...

  1. metro-tiger
    1,022 Posts.
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    15/03/12
    08:41
    Post #: 9841475
    Hey Bigfish,
    How you going? Why did Black Marlin and Afren give up on the acreage back in 2012. Havent researched it or got my arms around it, but if we are as good as we believe we are, it in hindsight was a stupid idea giving it up. Just a question, I dont understand the reasoning for it.
    regards
    Metro Tiger.



    When Black Marlin was acquired by Afren in 2010 in a scrip deal worth 110 million it's Seychelles acreage ( now WHL Energys) was valued at 33 to 44 million dollars.
    QFY Price at posting: 5.1¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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