The counter argument to that. If we take it as fact that this drill was entirely a fail. Is that it wont matter once we are in production. The market will do what the market will do, reacting to short term events, between now and then. As a retail investor, you will be buffeted by the market every day. To make money you need a longer term view. If 1b was non existent, yesterdays news would have been a deal breaker for me. Does todays share price reflect being in production and exporting oil? My take is no.The data to date strongly suggests that we will be in production and exporting by new years (imo)
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Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
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Price($) | Vol. | No. |
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No. | Vol. | Price($) |
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1 | 111111 | 0.060 |
2 | 960588 | 0.059 |
2 | 518338 | 0.057 |
5 | 693714 | 0.056 |
3 | 656614 | 0.055 |
Price($) | Vol. | No. |
---|---|---|
0.061 | 246576 | 1 |
0.062 | 573358 | 5 |
0.063 | 647000 | 2 |
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