An operations update from PGS?! My god, must have been the directors' New Years resolution. But it was marked non price sensitive so most would have missed it anyway!
There is no doubt they have decent assets (look at the neighbours), problem is everything seems to be moving terribly slowly. They had $7.5m of cash as at the end of September 2010, use it to prove up your assets!
An operations update from PGS?! My god, must have been the...
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