Next Strategic MoveSo, here is how they have laid out the denouement of their strategic .
Sell all remaining assets...S Lake and Onshore Thai...and return received net cash to shareholders .
My calculations show that they will have about $20 million in cash remaining + - $3 million.
Then they will start all over again on a new project.
One would think that they would require all of their balance sheet capital for this presumed new project including funds received from their asset sales.
Its possible they have been or expect to be a successful bidder in the current auction of offshore resources .
That would make sense.
Other options may be available in terms of asset acquisitions.
Whatever, we are now getting close to disclosure time..