Untill we will get that drill bit into the ground and start drilling away, IMO there will be no major movement in our sp. There will be plenty of sideways movements though, and the ST traders will have a small field day with our sp.
What we will have to watch out for in the meantime, is that BPT will not come out again, and take us all out on the cheap.
Knowing and having seen how BPT operates with other takeovers, I am expecting the unexpected. I only hope that this time around, they will be more generous than what they did with ADE.
The latest announcement about the delaying of the drilling rig delivery is what started this downturn, and of course my concerns. A friend of mine sold out when the sp reached 29 to 29.5 censt and told me to do the same. Foolish of me I didn't listen to him at the time.
I do agree with others though, that there is nothing to say in these threads for the moment.
Cheers all.
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