re: Ann: CNOOC does not obtain final Chinese ... Alas soon to be over for ex-oma, they have found nothing, and CNOOC are probably wise not committing more funds.
CNOOC hold a significant portion of the tenements already and that equates to nothing. Why pay more for more nothing ?
That's the shame (and the reality) of many speculative stocks, I am out of this one at a loss.
Ann: CNOOC does not obtain final Chinese Governme, page-7
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