now opening club sugarkane, page-32

mick z : Agree with your thoughts in general and wonder if they might re-think selling their Yemen interest. They will do very well out of the sugarcane but the blue sky might still be Yemen. One of my original reasons for buying was Yemen and they might now have the funds to go for it. The Sugarcane will give them a healthy cashflow for years to come and why search for another project when they chose the leases in Yemen in the first place. They can watch for success in the current Oil Search well in the lease they sold . If a good result they might just stick with their original choice. Pure speculation on my part.

The reason we are around 20 cents and not 30+ is because of the current correction. It's holding up very well IMO and could take off with a rise in the US and a rise in the price of oil.
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