They could call it www.longandwrong.com.au and you could all convince one another that you are all right and the market has it wrong.
Good luck to you Snagger - as a 'resident downramper', my informed view based on independent research and extensive knowledge of the oil and gas industry, rather than naive belief in hype and histeria, is that I think you'll need it.
I'll believe this story when a decent reserve engineering firm (e.g. Ryder Scott / Netherland Sewell etc) does a new reserve report incorporating all of the recent 'development' activity. But of course the company has no plans to do that because they know that the reserves are only going one way based on the results of the development program so far.
FDM Price at posting:
65.0¢ Sentiment: Sell Disclosure: Held
