what did it cost ALY - 80% of Hermes. Just goes to show how badly this company was run by Dudfield (what an appropriate name) and Cassidy - sitting on Hermes did nothing with it, sold it off and 15% of the company for not much and hey presto bigger discoveries at Hermes and cashflow generation.
It's turned out OK but they could have had 100% of something great and not 20%.
Ann: Significant Results from Drill Program at Hermes South, page-11
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