Simply Wall Street ArticleThis analyst does not take into account the last 2 discoveries as well as other prospects in Corentyne.
Cost recovery alone is worth more than the $1.04 CAD.
FEC paid $1.63 in the last Rights Offering, how are we worth less now after 2 discoveries?
Suresh himself, on many occasions refered to KAWA1 as a discovery, why is that discounted.
I know CGX WI has been reduced but @ 32% currently, and 2 discoveries under their belt The SP has to be worth more.
Isn't it a coincidence that the article was released just after the latest STEAL?
These guys think we are not aware of the purpose of these inside dealings and why Suresh is still the Co-chair.
DeAlba needs to be called out also, whose side is he on?
One more well and CGX minority shareholders will be watching from the sidelines.
I think we as shareholders need to seek legal advice or somehow Rattle CGX (Suresh) and FEC cage a little.
This situation is getting a little worrying.
Thoughts anyone?