I am a long way from being happy invested here, far from it. Management for me have been an incredible disappointment and I have no idea where we will go from here.


BUT/ to say there is nothing investable here is ridiculous. 20m barrels of light crude recoverable, with minor expenditure for someone with deeper pockets to complete a well and drill another at $100m. Favourable marginal field contract (tax) and reasonably easy route to market.


I'm not saying we will get a deal, the Management do appear to be inept (imo), but there is nothing wrong with the asset.