what we are buying

Folks - it has come to my attention trough the a CUE thread that HZN have booked Maari reserves of over 6 m . The have 10% of that field . Cue which own exactly half ( 5%) have reserves booked at 2.3m . Now assume as alluded to that HZN reserves may at same stage be downgraded, and let's assume HzN readjust in line with the more prudent cue reporting , that is 1.4 m of reserves that ROC is supposedly buying that will turn to dust .
Simon Marais is spot on - in fund management - few a true critical thinkers and shareholder advocates