Ann: Petroleum Production Licence issued, page-96

Given I’m in this for the long haul, and that I’m adamant that this will be the turning point for the company .... I’m going to screen shot this post and share it once we hit a $1B MC.

Some might say it’s optimistic (I actually believe we’ll eventually see a much higher MC than this, pending we stay on course) .... but why not have a little fun.

I don’t normally like to do SP predictions etc.... but thought this might provide some reflection in the future, given the slight panic by some over the short term SP movement after this positive ann.

Worst case, I’ll look like a goose.

26/11/20 :
-1 day after the PPL announced.
- SP = 16.5c
- MC = $105M (approx)


Not financial advice, all IMO. Always DYOR.



Cheyne