Some worthy points there bigdream,while a conservative approach should always be taking,one needs to be weary of overly under estimating what a particularly company actually has compared to its peers .
I refer you to rey as an example.
Its has two projects,a coal mine ,it cant advance and one only gas play.
While it has only half the shares OBL has,none the less to this poster I consider OBL a superior play to that of rey.
OBL has three distinctly stand alone oil & gas company makers,and if you include the downstream play with LNG,OBL has four.
The more irons in the fire,the less the risk discount is.
As you say bigdream how the road map is presented will have a big bearing on the near term trajectory of the OBL SP.
Raider
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