Another great result for holders.We now have the luxury of either fully completing this offshore discovery or selling back to the operator for cash.With Stary and Upmach looking much bigger than anticipated KOG are in the box seat to build reserves without diluting SH value.This should go a long way to silencing the naysayers.I must however acknowledge the pain of those that bought in at IPO,and it may be a while before they see a profit,but no-one could have seen how damaging the financial crisis has been on junior companies.I believe that now KOG not only has the results to weather the downturn but to reward all handsomely in the long run,if we have the patience.Good luck and well done management.
KOG Price at posting:
2.5¢ Sentiment: Buy Disclosure: Held
