RE: RE: RE: RE: RE: RE: anybody's guessSomeone posted that they are adding staff in Indonesia. I.R. confirmed this, but didn't specify numbers. Said that when we are a junior partner, they can operate out of hotel room and use the offices of the major operator partner. But when they are the operator, they need staff and office space.
While we're worried about how much is on the first PSC, they are building staff to develop and operate the recently acquired PSC's. They bought 2 and spend around 1/2 of the PP money. Sounds like they are confident these will develop quickly, otherwise they husband their cash and not buy the new PSC's. That said, where's that dam report? Get that done and move on.