Another chart from hell for my portfolio BUT at the end of the day, the extent of hydrocarbons found will either support a stong SP or they won't. Between now and then, the SP doesn't really matter.
My understanding was that this was a fairly deep well that will take several weeks to complete. Has there been a bad news leak? I don't know but if we havn't drilled past the targets yet I don't know how there could be.
Geologists could know better but with the value of my punt now down to about $2K I'm happy to let the race finish before I do anything.
Cheers
VIL Price at posting:
1.8¢ Sentiment: Hold Disclosure: Held