AOK 0.00% 0.3¢ australian oil company limited.

Fires in Sacramento, page-14

  1. 13 Posts.
    Sad news out of Cal, but shareholders need not be concerned ATM.
    The nearest fire to our Dempsey site (which is between Chico to the north, Willows to the west, and Oroville to the east) is the Cherokee fire.
    This is north east of our site by at least 50km and already half contained. If you read the link you'll see that the evacuation order for those in the immediate area has already been downgraded to a warning, and that the "South, West & East flanks of the fire are holding, making progress on the North Flank."

    http://www.fire.ca.gov/current_incidents/incidentdetails/Index/1865

    As it stands right now, our site is still far away from any action, and the fire fighters are doing their job well, with the parts of the fire closest to us under control. Obviously it's bloody hot in California right now and we can't rule out any spot fires starting as an act of God.

    However that being said, it is a shame that people on this forum are pointing to worse tradgedies happening 100's of kilometres away to try and further their obvious alterior motives in downramping this share.

    The fundamentals are some of the strongest in the game, the gas isn't going anywhere, we're safe from fires ATM - we'll see what the rest of the week brings.

    DYOR, I did and I'm holding firm
 
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