Yes, I stand by what I said, they drill once a year, the market is not enthused by a 10+ month wait.
Added to the fact that 88e consistently raise cash every year, like clockwork.
I don't see much reason to hastily buy in when we already know that any meaningful activity is many months away.
I will wait for those who get impatient and sell to chase rainbows and crytalise losses, this is where I will swoop up the cheapies ready for the next season.
Feel free to eat a slice of humble pie when my 0.7's get hit, and you can eat the whole pie if the 0.5's do.
I too have traded and watched 88e for circa 8 years now, with some nice winners, and some lesson learning losses.
This is just how I choose personally to play it, this is my strategy, it is not ego or nonsense driven, it is driven by history and lessons and patience. I apologise if my logic is lost on you.
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