Twenty years in the wilderness looking for oil? Looks like they may have found a barrel or two!
Using the same logic, Western Mining took 30 years to find Kambalda. Guess that one failed on fundamentals as well?
So a change in asset base, change in management can never improve the outlook for a stock? Think that argument is 'fundamentally' flawed!LOL
Still happily holding and see no reason to do otherwise. Waiting for the three boxes-ANP approval (looks like Brazilian bureaucrats are only bureaucrats) on first field, reservoir guesstimate on big zone, and will probably hang out to see what happens on the next few targets......hehehe
Cheers,TAS
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