I’m happy sitting on the bid in boring phases, let the seller/s...

I’m happy sitting on the bid in boring phases, let the seller/s come to you while waiting for the launch, I find it particularly easy to spot in post IPO’s, it’s where I make the most money too. Last year AGN and SPN, bought both post IPO and waited, took 300% profit on AGN and ~600% on SPN. Same formula should work here except FDR business model is established, with good history.

News flows in no particular order:

- Resource estimates on multiple prospects
- Farm out deals across 7x licenses
- Project acquisitions (bidding rounds coming up too)
- Dorado partnership (this is a longer term one but a huge play with 500MMbbl recoverable potential all the way up to 1.2 Billion on the high end)