Ann: SM58 G Platform Installation Complete, page-12

I think all shareholders in any stocks are taking a punt that the value of their company will increase.

Putting aside short term mood swings - surely "money talks", in the long run.

Current market cap is just $158m and if next 2 drills are successful and produce commercial quantities soon, and also their future prospects are drilled successfully as well, the profits will increase and the value can only rise. It doesnt matter to me that currently everyone is long, there will be a whole new valuation on the company when profits grow substantially. I would not be surprised if at some stage there is a takeover offer from a larger company