Although I completely agree with being careful. From spud, there's really only piece of news that interests me. It flows or it doesn't. If there's updates along the way that edge the SP higher, great. I'll set my stop losses higher too but there is absolutely no way in hell I'm pulling the pin before there's a definitive gush of oil or confirmation of sweet FA. In the event you are hoping to enter at spud, you won't be picking mine up at 10c. GLTAH!
Ann: LOI Executed for Canning Basin Drilling Campaign, page-296
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