MRM 0.00% 33.0¢ mma offshore limited

I agree antibotter , But the N.W. shelf is much bigger now with...

  1. 443 Posts.
    I agree antibotter , But the N.W. shelf is much bigger now with another five gas producers ' all of them smaller than Gorgon' but none the less , all of them have to be serviced and maintained . And yes the timing of the Jaya purchase was floored , but to be fair the Saudi rout caught out everyone , even the oil giants like EXXON MOBIL . Jaya's day has yet to come , but when it arrives it will be a valuable addition to the companies bottom line . Congrats for a superlative trade exiting at around $3.00 , but here is the even better news , you can make that magnificent trade even better by pocketing the profits and buying back at under .50c , Wow what a great trade !! Good luck in whatever you decide to do , but if you want growth , watch what happens when oil rebounds from $27 to $127 as it did post GFC . Warren Buffett once said " big opportunities don't come around very often , and almost always appear in the big global meltdowns " This company still has magnificent assets and is perfectly placed to take advantage of the rebound , and to add further on growth the Chinese and Japanese are converting their coal fired power stations to GAS at a rapid rate . Cheers....
 
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