From memory the stakes in India are 35 to 50%. Vietnam maybe closer to 100%.
Indonesia I suspect will pan out under 50%, China variable but generally I suspect 30 to 40% tops.
This shouldn't be too big a worry. It's getting the best acreage, with good market access, together with constructive partners that are important.
Need to remember that In Australia AOE has typically 35 to 70%, which is not a lot higher.
At this stage internationally imho it is having the capability that matters more than the acreage, and that includes the technical capability as well as the ability to make deals with the most constructive partners. Upmost though is the leadership and the vision to grasp big opportunities.
Sadly AOE is a dead duck imho, just a matter of price for the carcass now. When the management of a management driven company throw the towel in, then that really is curtains.
I"ll look at the merits of more Dart when it is buyable sans the carcass it is tied to.
EL
AOE Price at posting:
$5.04 Sentiment: Hold Disclosure: Held
