The scary thing here is this potentially has so much left in it.
The m/c is tiny compared to projected operating margins and other producers. If this all comes off (always an if) then the outlook for the next 2-3 years is epic.
Good move appointing former Indonesian military, anyone who has been or had business in Indo realises you need to have local representation and military or the correct side of politics is unbeatable.
The application for DSO will show just how far along they are. If it is granted you can bet the relationships they have formed are with the correct people. If not it will make for turbulent times.
Worth a go in my books and it seems plenty agreed this week.
GMC Price at posting:
2.0¢ Sentiment: Buy Disclosure: Held