RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:JUST SOLD MY FIRST AOI IN 12 YEARS FOR MORE CPKCFerryboy wrote:
I won't address all your points but I did watch the video of the presentation and they are simplifying their structure in term of cutting loose Eco Atlantic and Africa Energy. Not worth their time and they are focusing on their core areas. I think it was you who mentioned that Total wouldnt buy them because their set up was messy .. Roger mentioned that in the question period
Assets are good .. but they never did get that other "producing asset" and Nigeria production upside is limited
I think I can get a better return elsewhere for a while
ENCL 17% annual div paid montly and ENCC 14%.
They are cleaning house only to prepate for pending monetization event....no other reaso. to write off 10s M that has no liabiloties to speak of....and they did state special divs on monetizatipn events