David ... always a danger30 Apr 2008 11:18
I feel the same ...we have all believed in one or two stinkers ..... if you are going to invest in O&G you HAVE to like the management, see their track record, look at the assets and the ability of management to see it through. BLR are, and always have been, a bunch of jokers. Have they even finished the steam test yet ? It went on for years ...
As for the above there are a few O&G juniors who tick the boxes and the shining example of one at the moment is IVE. Good management, great assets and a strong desire to move things along quickly. Several brokers even crowing about it ... all good news. Should be strong newsflow from IVE in the next 18 months ... one to buy and hold IMHO