Yeh, their ability to successfully negotiate has taken a massive hit with the Tz debacle. I am still trying to work out how they got themselves into that position in the first place.
Anyway, i am warming to the UK drill which will give them a huge lift in terms of income. It is their working capital that I am worried about if they don?t sell some of their assets.
i still believe Italy will one day be back in the limelight, i just hope we still own the assets when that happens.
Cheers R
KEY Price at posting:
3.3¢ Sentiment: Hold Disclosure: Held