Gotta love the 'Sell/Held' sign-off. Not courageous enough to act on one's own sentiment? Or fearful of missing out on a rerate?
Strike is not run by idiots; nor is Mac Bank. Whilst we might debate the nuances of the announcement wording, the fact is Strike has the backing of a major financier when other O&G projects are struggling to do so. Of course the bank won't advance funds until Strike jumps hurdles; it seems to me there is every prospect of the Company doing so.
A sure thing? Of course not. A good bet? I think so.
OOO
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