Yep - this is exactly why Eric needs to deliver that schedule with the performance of the wells!
Unfortunately, until the market gets to see evidence of the actual production rates then the downtrend could continue. But this is where Thorney Group's recent stake becomes important - while they are buying up SEA, there is possibly some support...
Eric needs to deliver on Wednesday to arrest this decline.
SEA Price at posting:
17.0¢ Sentiment: Buy Disclosure: Held