Don't be too disappointed. I got on too early on this and am taking a 35% loss on those shares. Sometimes it's hard to tell how ramped a stock is before you buy in, and it was obviously heavily ramped when I did initially. Hence losses.
However I have been averaging down those losses on days like today.
Cap 21, Cash 8.7, options 77mm@25c.
Rsc 1bt Sub-bit Coal in SA (6 seams) for gas development. And holds the whole Arkaringa basin for 900mbl UNRISKED.
In time this should pay off unless the management are REALLY hopeless.
SXP Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held
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