geezer
if you flick through some NSE or BUR presentations you'll get an idea of what wilcox and yegua plays are worth.
invest is right. 10% doesn't warrant anything to get excited about, maybe a payrise for barnaby but not much more.
BUR already has a few wells on line, plenty more targets, some cash to cover more wells, almost a 40% stake, and a board composed almost entirely of oil men, and it is still only $25m market cap.
if this was the best they could come up with after all their supposed due diligence, then there's not much hope left.
no future for futurecorp, i guess. how ironic
great news out, page-7
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