BDM 0.00% 10.5¢ burgundy diamond mines limited

Will Pandora remain stranded?, page-15

  1. 892 Posts.
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    It certainly does seem cheap sle & I can understand why very few would sell for a loss at these levels.

    However CMT is off approx. 50% from last year along with the oil & gas price.

    FAR with their considerable oil find offshore Senegal is, at 8 cents, arguably half where it should be.

    Same for CVN after their success with Apache in W.A.

    The African explorers SWE & PCL are suffering badly as both rely on Tullow to drill their prospects, yet Tullow is busy reducing costs & expenditure along with most other oil producers in the world right now.

    Santos - off almost 50% and closer to home - KPL will soon be off 50% from a year ago (42 cents then & 25 cents now).

    CMT share price is perhaps right where it should be at the moment, given the uncertainty over the whole hydrocarbon industry worldwide?
 
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