I see there is a bit of negative sentiment at present around the...

I see there is a bit of negative sentiment at present around the oil price. Given the COVID is creating a number of disruptions it isn't surprising to see a pull back. With SGC it has also seen some softening as traders exit short term positions across the energy sector. This hasn't just been with SGC but much more generalized across a number of players. I maintain my earlier comments that the stock is setting up for long term strength and the decisions on oil fields are not made upon the daily trades of the market and are long term commitments. None of us like to see our investment go down but if you take a longer term approach then the current uncertainty is largely inconsequential in 2 or 5 years time. We have to expect some rationalisation for all the stimulus and expectations that have been built around COVID but there are no losses unless you sell your shares which crystallizes any gains or losses. For me I continue to hold patiently and wait for the company to make some announcements that will clarify their forward intentions for our investment. I suspect that this shouldn't be too far away but these are just my opinions and not financial advice.