Al have you been hanging around LG. Is everything ok?
Guys calm down. The company isn't going bust and it is in the best position that it ever has been. Sure it may take some time but the wheels are in motion. Be a little more patient, because if you lose your Sh&*t now and sell, you will probably be regretting it in 6 months time.
Here is a tit bit and this is what makes me very interested to see how this plays out. OBL are moving ahead with developing the Derby Block, its happening ok. We are in a fantastic position in that we have all the legals stitched up.
For example, Another company in our area, are locked in several native title disputes which mostly came around AFTER a discovery was made. As you would expect.
OBL Management have been very smart in making sure that any issues have been well and truly legally locked up before any discovery. If the company does make a discovery, there is nothing stopping it from going ahead. That's where the value lies.
So before you go jumping off a bridge, do some research and try and understand the position we are currently in.
We have funding, confidential discussion regarding farm ins and movement in developing our canning assets.
My last point - Be patient!
OBL Price at posting:
1.4¢ Sentiment: LT Buy Disclosure: Held
