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Ann: Operations Update, page-248

  1. 48 Posts.
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    Just a small amount of caution about the price continuing to skyrocket - some of the rise is due to hype, but as with most markets, the serious players in the market may have already factored in the potential for oil, if so then its only speculation that is pushing it up, so once the speculation stops (which will happen once we get the wire line logs) there may not be much movement as the market has already factored in some of the value of the oil

    There are plenty of companies that are priced for growth regardless of profits, such as tesla, but this is oil, once its dug up its gone, there is no more growth

    This is not advice and is IMO, DYOR
    Last edited by NickyTheInvesta: 31/03/21
 
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