A few sour grapes over on the STX forum.... missed opportunity an all, insider knowledge of raise at A$0.23 when many shareholders holding around A$0.30..... I guess just venting but this is simply the way of the O&G world. Insto’s Play there part but one thing as sure as death and Taxes (arrgggh!) is they do so to make a short term profit... plain and simple. There will be positive news flow in the near future, hence they wouldn’t invest
Exciting times ahead.
3D Seismic
JV (Farm In)
Drilling Campaign
Buyout
Who knows but I am Happy for the Insto’s to be in the know and be willing to part with their cash as we will all benefit along the way.
For me, definitely a HOLD or BUY at these levels.
All in my opinion of course.
Good Luck All
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