No crystal ball from me, Frank. All I can go off is what I know. We have the reserves, and gas in the sand stone.
Something is going on with this Power station bizo. The MEL, planned and passed power station is to be only 2.5 km from Annvale. Why would ROG build one so close to MELs. Something is up. (Guess)
Spec's are all about what might be. Some times that doesn't work out.
You could make the argument that you could take the loss on the chin, and make it back on another stock.
But saying that, I have a whole watch list of stocks that I didn't hold long enough, and have taken off.
Wonderful game, the share market.
My only point would be, what is the down side?
As far as I see it, it is only a C/R at this time.
The power station and gas readings from the sand stone is on it's way.(Which would be before any C/R imo) Might give you a chance to lighten, up so you can sleep a bit better.
As always. DYOR.
P.S I took a $15k stooging last year. It's working it's way back on other stocks.
Good luck with your decision Frank.
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