re: safe as houses... Trade4,
From what I can see, Bula isnt declining as much as it should ... it almost appears to have reached a 'steady state' of about 500 bopd from about 30 wells.
Selling it is, of course, a matter of price - hell, if you arent prepared to sell the chairmans desk on a good enough offer, you shouldnt be in the business (*)
But I dont see 2.5% of Oseil as being enough of an asset to support Lion by itself.
Ian Whitchurch
(*) Spot the child of the 80s. Ahh, those corporate raiding, asset stripping days. Robert Holmes a'Court ... sic gloria transit mundi
re: safe as houses... Trade4,From what I can see, Bula isnt...
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Mkt cap ! $10.48M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| 1 | 14 | 2.2¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 2.2¢ | 132732 | 2 |
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