A bad PP is better than a further farm out
And make no mistake, it's a bad PP for a company with such hot prospects in one of the hottest exploration spots in the world, etc, etc. It is basically the same price as the last PP (Jan 2013) before the Premeir farm out, before all the fancy seismic, before the 388% increase in reserves. Birley should be embarrassed,
I like our chances to make some good money here because of the situation but this management is especially unconcerned with we retail share holders. And now we will hear how insiders are supporting the company when they partake in this sweet, sweet PP.