I'm still sticking to it until I see some real proof that management has finally got their act together and can actually deliver on what they promise.
Lets not forget that they have withdrawn all future forecasts so it pays to be conservative right now.
At the end of the day the company still looks cheap based on 24.5MMboe which is the only reason I'm in it.
If they do ever get back up to the 30MMboe pa production level then great its a bonus but for now I don't trust their ability to deliver so am playing it safe with my forecasts.
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1 | 7199 | 1.150 |
4 | 13447 | 1.135 |
2 | 16302 | 1.130 |
13 | 137680 | 1.095 |
Price($) | Vol. | No. |
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1.015 | 46 | 1 |
1.045 | 46252 | 5 |
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