Commencement of Gas Production from Bhandut Field, page-10

this is a penny share, on the verge of bankruptcy or doubling in value. I see potential now that there is a new MD, if the share goes to 2 cents, then we have a large percentage gain potentially. but there is a lot at risk. A new Production Sharing Agreement (PSA) is vital, but so is a repair to the GSPC relationship, so is the need to drill, so is the need to resolve Zeta. A lot of complicated issues so kindly left unresolved by RM.
There is also no real news about the dispute in Indonesia, the dispute with East Timor, the development of Canning prospect. the task ahead is huge. I hope new MD has plenty of energy to tackle these challenges. If he succeeds, he will have earned a gold medal in leadership.
I'm not investing yet, there needs to be at least one key success first. GLA