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AZY General Discussion, page-32

  1. 950 Posts.
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    That's a fantastic sentiment - except for one small, niggling issue.

    These companies still incur bucket loads of Opex while they are drilling, assessing and keeping the lights on.

    Those Opex funds need to come from somewhere and as I've discovered in the recent past, once sentiment sours, it doesn't take much to tip over the edge.

    I hope Antipa survives, but unless interest rates plummet and risk appetite turns around in the next 12 months - I may be writing this Goldie off too

    At the moment, it seem to be another case of dilute to oblivion.

 
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