re: Ann: Exploration permit status granted of...
Hmm, I'll take the contrarian view.
What's so good about this? It's only taken over 3 years to get to this stage and even then we only have confirmation of one exploration permit being granted. The other three have yet to be granted and we are still waiting for drilling in the on-shore block.
Why doesn't the announcement mention the targets/potential for the one permit that has been granted, West Sardinia?
Also, looks like Lidsey #2Hz has been pushed back further. No longer is it happening in first quarter of calendar 2010, or even in coming months. It is now happening during 2010.
KEY Price at posting:
10.4¢ Sentiment: Hold Disclosure: Held