The last 12 months have been a pain for all longs and IMO it's not quite over yet but very close I believe.
Now that native title has been granted which was the first step, the company now needs to sort out %'s of ownership of Derby and that will be interesting IMO.
Wouldn't it be nice if OBL had the cash to pay out Backreef oil for it's holdings considering a price has been established through Backreef oils proposed sale to BRU. Hmm.
Interesting times ahead guys.
Stay strong......we have just began to fight.
Cheers
OBL Price at posting:
2.0¢ Sentiment: LT Buy Disclosure: Held
