The second part of the Rene Rivkin attributed adage “buy the...

The second part of the Rene Rivkin attributed adage “buy the rumour, sell the news” sums up where we are with May. Clearly nothing the company announces is going to cut it with the market until we have proven certified reserves and money flowing into the coffers from a contracted buyer.
A3 is de-risked to an extent so we are clearly not a typical explorer play anymore in the market’s opinion. At least in relation to block 9. If we are being assessed as a producer then, it is early days, and the market as always, is correct.
‘I always look at why I put money into this company in the first place. To take a gamble certainly, but keeping the faith if it is prosecuting its thesis. Sure I could have done better if I had gotten in and out 3 or 4 times if I timed it perfectly, but I can’t be bothered with the effort and the paperwork. I am very comfortable with my holding and would buy if I had more funds.