We are slowly coming out of a pandemic, demand for oil is increasing. You do not need to do much research to see the price of oil is on the increase, it is much more stable than it has been in resent years.
I do feel G.J. and the board deserve a lot of credit to have the foresight to buy in to these oil assets, as without them I would not be to happy with my investment at the moment. As it is I do feel the future going forward is very bright with greatly reduced risk, 2000BPD of oil either I am missing something or this is a no brainier share price only heading one way.
- Just a thought what do the board see our M.C. will be if oil hits $100 ? Is this possible you bet just look at a chart of the past 20 years.
Ann: Trading Halt, page-24
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