I was looking at this last week as i am also in BRU.I think the...

I was looking at this last week as i am also in BRU.

I think the problem here is the focus has shifted from possible big returns ie canning, to small production wells and new high cost drills.

Also it was fully funded for its WA assets.

These are now in the too hard basket and have chosen a minimal cash flow reward as a substitute.

Also possible debt finance.

Whats riskier you reckon?