Paul just has to get his act together and start forecasting the completion date of these drills a lot better. 23rd July he said 4-5 weeks and now its 6 weeks. He's just got such a long history of this its getting ridiculous. Where is the second rig?
Trading at cash levels again so really does present a buying opportunity, my preference however would be for 25-30c while waiting...and waiting....
Yes, Sino (SEH) starting to create a healthy Enterprise Value, time to catch up in my opinion!
LRL Price at posting:
17.0¢ Sentiment: LT Buy Disclosure: Held