Love this kinda U-boat .... listed at the wrong time and never had a chance to add any value to the IPO price .... sooo no dead bodies beyond 25 and any fundo trigger will launch this into deep blue IMO.
There is a DEFINITE move into U-boats across the global boards atm ..... with Dec futures also moving up for first time in long time ...... even tho spot continues to be capped ..... and L/T contract remains unchanged at the highs. Kinda reminiscent of POG at 500 not so long ago.
Lets see what happens next.
Love the fact we are in the NT.
Love to know if they are drilling anything yet with the untouched IPO cash in the kitty.
IMBOOC
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