COI 3.13% 16.5¢ comet ridge limited

I think David Bradshaw was an expensive pick and the financial...

  1. 458 Posts.
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    I think David Bradshaw was an expensive pick and the financial turmoil overtook the company ...?!

    But I like to say that I highly regard Jeff Schneiders personal decision to take the responsibility for the future of Comet Ridge under such difficult conditions. And he will be remunerated on a non-cash equity basis! As if this wasn't enough he bought 200,000 shares at market last week (Appendix 3Y ) when the bid side went crazy (with bids at 0.006 and 0.005 AUD).

    IMHO, it's a really unselfish commitment for the company (and for the shareholders)!

    COI will be re-rated for sure - they have a really large acreage position in CSM assets and at least the Galilee permits are world class assets (potentially 35+ TCF gas in place). They expect a farmout for ATP743 and ATP744 "in the near term" - a big deal here and the SP should rocket up.

    AGM Presentation











 
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2 707750 15.5¢
 

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16.5¢ 305907 5
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Last trade - 16.10pm 29/11/2024 (20 minute delay) ?
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