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BGS moving forward, page-60

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fooca

6,860 Posts.

4385

18/11/16

12:31

Post #: 20716994
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Originally posted by Charterrierist ↑

I think the main msg that Joe Lowry is delivering is that prices will stay high but speed to the market is important. There is currently still room but as more and more producers get set, room is diminishing.

Yes, we have got premium product but we also need to take our place in the market fast. Why save a few thousands of cash burn by only having 2 rigs when u have the resources to have 4-5 rigs and get this moving asap to make millions of not billions.

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There has to be a minimum of 3 rigs IMO, 2 on the western zone and throw one on that southern zone.
They just keep loading the sell side @29.5, sigh

Last edited by fooca: 18/11/16

BGS Price at posting: 29.3¢ Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

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