You have to be patient mate I don't think the company ever realized the level of corruption in Yemen , I would imagine the Saudis and EAU will get sick of throwing money at the government which seems to disappear while people go hungry , it will come one day , we will eventual be able to pipe to Ras Isa , there is a lot of money at stake , enough to make even Yemen prosper …………….
In the mean time we have Hummer to look forward to with some upside , the price will rise , if you look back at Petsec presentations , they have always displayed Hummer as a big deposit .
The reason the share price has held today on the back of over an 800 points plus fall on Wall street , no one really wants to sell at this price , they know Hummer results are worth waiting for...……. and if Yemen starts for us the price will go ballistic
Don't cash in and go to the Melbourne cup races with fike , very hard race to pick a winner there .
I am betting on PSA...………….Hummer is a good each way bet mate
PSA Price at posting:
13.0¢ Sentiment: Buy Disclosure: Held
