The Sell on Spud crowd hold the field today .
Hope they have regrets in only a few weeks time.
Considering the downside of a complete dry hole and the upside of a gas discovery I am happy to hold to the end of drilling .
It seems a great bet on a risk / return basis to me .
Even in Europe there is pushback against The Cult of Climate Change compared to dealing with climate change in a logical scientific and financially sound way .
The same with Environmental matters .This well will have a small environmental footprint once rig has gone .
Even if the well is a big discovery we are only borrowing the site from Nature .
After depletion and rehabilitation in say 50 years after that , no one would know that a gas well ever was drilled here .
The Sell on Spud crowd hold the field today .Hope they have...
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13.5¢ |
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Mkt cap ! $76.81M | |||
| Open | High | Low | Value | Volume |
| 13.5¢ | 13.5¢ | 13.0¢ | $163.2K | 1.213M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 9144 | 13.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 789089 | 8 |
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