RE:Positive
Management sold their main Canadian assets to focus on the lucrative PNG business. Now they spin it like it is far from a sure thing and their so called competitive advantage not really worth much. I'm not sure how that addresses shareholders concerms or how that is a positive development. They have had plenty of time to secure future rig commitments based on customer connections and goodwill. It has to be more than "Lets hope we get some business in PNG".