How will the upswing in Oil prices assist these Old Boys to move forward?
You mentioned :
"There are only two things that can happen to this stock going forward. The optimistic view is that they raise some capital and attempt again to prove that they can extract the resource economically. Without going into the complexities of this, if this is achieved Bingo!"
Always like to have a couple of ATS type stocks in my portfolios - win some / lose some.
Tend to favour the upside for carbon based fuels for the near term while the World works on a balanced migration to renewables, still some years away I'd expect!
ATS Price at posting:
6.0¢ Sentiment: Buy Disclosure: Held
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