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19/02/08
09:47
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sabby
dont do anything rash.
consider the positives now - not the past.
1. very low EV - about $16.5 - $17m;
2. reasonable income about $3-4m pa; could rise
3. excellent prospects at west wharton outlar series - ( could be worth many tens of millions); 1 down and good, 3 or four to go
4. still 3 chances at JF1 to go; again could be v valuable
5. and a host of other prospects which have a value of several times current EV
make up your own mind about prospects, but i feel we are somewhere near bottom.
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