Gday BlamThe stock market sure is a strange beast.If Cott had of...

Gday Blam
The stock market sure is a strange beast.
If Cott had of spent $50m drilling a well and turned up a 800 bcf resource I am sure they would be trading north of 50c now.
As you rightly point out management pulled of a coupe to get a major stake in 800bcf for virtually no money down and the market seems uninterested ???? Go figure !

I don't think the sulphur content is a significant issue, companies like Total have been dealing with 'sour' gas for ages. I also think that if anyone seriously thought it was a major issue companies like Talisman would not have continued to pursue Pandora, particularly given that they are in the process of divesting many assets.