We need to get rid of Brian Barker as Chairman and get a fresh board of directors to look for new opportunities such as the Canning Basin, MacArthur Basin, Georgina Basin or Bonaparte Basins, while we maximize the value of our existing projects in the Galilee when the gas composition and data from the core samples become available. Similar to how GLL is undergoing atm with Malt Energy (ex-Eastern Star Gas executives) taking control of GLL.
The Cooper Basin is too expensive to enter and all the good prospects have been seize up by larger players such as Santos, Beach Energy, Senex Energy, Drillsearch, Bridgeport, and Bengal Energy.
EXE Price at posting:
1.5¢ Sentiment: Buy Disclosure: Held
