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Re: BKP - Baraka PetroleumI think the most important aspect of the announcement today that I see, in regard to the slightly amended deal with the Canadian company, is that BKP has demonstrated its aversion to taking a risky, potentially costly role with the forthcoming exploration, and it should enable BKP to enjoy the benefits of any upside in that drilling as well as reducing the risks associated with the exploration costs! Having a street smart management team is a real positive, and BKP's strategy demonstrates that good management, so often lacking in junior explorers.
Re: BKP - Baraka Petroleum
I think the most important aspect of the announcement today that I see, in regard to the slightly amended deal with the Canadian company, is that BKP has demonstrated its aversion to taking a risky, potentially costly role with the forthcoming exploration, and it should enable BKP to enjoy the benefits of any upside in that drilling as well as reducing the risks associated with the exploration costs! Having a street smart management team is a real positive, and BKP's strategy demonstrates that good management, so often lacking in junior explorers.
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