Heavy tax loss selling has been a big buying opportunity for me. Several wells already to commence production to give longterm revenue stream and SANTOS farmin and deeper wells to come in an oil soaked area. Summer there and Santos will be very busy progressing the programme. CIG really flies when it moves and this is the bottom in my opinion and hence have bought big. Even a move back to 7.5 = 50% and this will be done in a blink of an eye. Cheers and DYOR
CIG Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held