I’m not confident on a farm out coming and even if it does come it would need to be a major oil company to get the share price moving. Anything less than a deep pocket major will probably cause disappointment and a share price decrease. Additionally if its not a major than i would say consolidation would be on the cards. Been here four years but have loss confidence in management to get this finished. Looking to exit on any rise that comes from the speculative farm out annoucement over the next weeks. May return after the consolidation is completed and the new price drops.
88E Price at posting:
1.5¢ Sentiment: None Disclosure: Held
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