This is a good article & nicely timed post-Palta result to remind us of the main game here - huge potential onshore PNG for a tightly held, small market cap company (currently $7.66M at current share price!) They have around $4.66M in cash!
Exposure to Shell's Palta - great strategy just unlucky. Current weak share price - punters overly dissapointed.
Time to get over it - I have, thus my sentiment is Buy!
ps.CMTO hasn't skipped a beat- must be that nice 31 Dec 2015 expiry date!
BDM Price at posting:
11.5¢ Sentiment: Buy Disclosure: Held
