RE:RE:Apr 25 2014 Oil and gas annual disclosure filing by RptAs I have mentioned before I believe that the minimum Management would accept is $.13 which is what managment and insiders paid initially. Having said that I don't think the company is for sale.
They will look for a JV for the Longreach project. Any cash that is generated from processing gas I beleive they will take out of the country. Although I am not sure if they can.
I also believe that theVP of Exploration who recently left knew where the company was headed. They may have the partner they want and that partner will do all the exploration.
This is speculation on my part.