Some interesting points there. The problem is,and I'd bet the...

Some interesting points there.

The problem is,and I'd bet the house on it, that Risco wants the 20m to fund their bid.

They then get all the other financial benefits once they have full control.

Thats where we SH are struggling to get our under whelming independent directors to provide the full value per share of those benefits.

There are of course costs to take off such as corporate and developement costs, perhaps a 4.5% industry std natural yield decline and renovation at end of well life costs.
We cant get full guidance on these either.

Positives Im talking about are massive franking credits and oil up lifts--especially those in say the next 6 months.

TPA