PNG licences gone - what's left..?
So, after a decade or more of exploration, putting millions into the ground and finding nada VAN finally lost their PNG licences (see news beginning of February).
Now they are more or less reduced to an Oil speculation play. But how they want to finance that, no clue.
If anybody is seriously interested in a quality exploration play in a safe jurisdiction with a credible company, private message to me, I link you up with the IR guy and you can do your own due dilligence.