Not sure about the rest of you but I have been in BNL now for around 3 years & have bagged quite a few along the way. From the get-go this was always going to be a high-risk investment that would require patience & lots of it.
This is their maiden drilling campaign & history if rife with maiden Voyages that have not gone to plan but in time we learn, adapt & ultimately triumph.
The gas is there & this is just one small hole in a 230,000 plus exploration field. Unforeseen circumstances are a pit fall of daily life, but we keep on pushing forward. This sell off is just panic bought about by fear that this whole project is going to implode. One failure does not define the broader exploration potential of this project.
All I see here is an opportunity to jump in or to accumulate one's position. DYOR.
Being patient & holding one's nerve is key here.
Just on a side note not sure how weather conditions affect things, but it is extremely cold over there with very low maximum & subzero minimum temperatures at present.
BNL Price at posting:
1.2¢ Sentiment: Buy Disclosure: Held
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