Deanostock, I just finished a book called the "Hillbilly Elegy" by JD Vance. The author came from a dysfunctional family, got taught how to think in the marines and later graduated from Yale. As he said, he went to Yale to get a law degree but in the first year at Yale it taught him most of all he did not know how the world worked. Its about networks otherwise you never get a look in based on merit. I think Peter has managed funding very well in terms of cost/benefit where the negotiating power lies with financiers for which he has compensated by running a lean ship from which we will all be rewarded. Drilling of Tier 1 is expected to be a game changer. Not saying any of us are dysfunctional as I live in the hills, but in over 30 years of trading/investing I have learned from my mistakes and will continue to learn from hopefully fewer, but I have learned to look for the footprints in the butter the elephants leave with hidden volume while they are accumulating. A helpful reference is trading in the Shadows of the Smart Money by Tom Williams of Volume Spread Analysis fame who helped develop Trade Guider Software. He died recently, but was a breath of fresh air in his commentaries of how the market really worked.
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