Irynka, I still dont know what your point is. You are stating the obvious - no gas found and that announcement is not positive. My point is current SP is at a significant discount to the cash on hand and we still have more exploration $$$. Fair value for me at this point is about 10c, but more than happy to wait and see what comes of the CSG and further drilling. I havent made mention of whether the SP will rise or drop from this point. In 12 months time I think this SP will either be 50c plus or 2c.
OIP Price at posting:
6.5¢ Sentiment: Hold Disclosure: Held
