I Agree. I've been using SP weakness to pick up more heads. Options have held up pretty well really.
I can't fault the broker's report that gave a downside SP of $1.20 (NB the downside SP factored the possibility that the first well was dry - so downside SP should now be increased given they believe so confidently it is commercial that the pipeline and plant are going ahead).
This company will make us big dough - very competent management in a current producer of oil and a near-term (next month) gas producer.
I Agree. I've been using SP weakness to pick up more heads....
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