Dramatic announcement. I remember when I bought in on the rise in 2017 and then tried to average down and was stuck at 4.6c until last week when I sold out. So 3-4 years of looking at a large amount of money being written off.
The winter lock down is hair raising as someone in the red and I would expect the price to further drop if history continues to repeat itself.Upside is that this is a very popular stock when it's going well, just due to the speculative aspect of such a big project being a winner if they can get the oil flowing.
GLTA holders, especially those who bought in last week. I don't envy you.
Ann: Operations Update, page-386
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