Lads give it a rest... I base my purchases on fundamental analysis, but like to hear the TA analysis as well the more different opinions the better. Beach is going through the roof at the moment. The fundamentals are solid, we should be getting a good quarterly report with strong cashflow and the repricing of the majority of the gas contracts over the next couple of years into a strong gas market. This baby is ripe for take off, been in it beach since 57c and this thing still has legs.
Yes and there is still going to be some up's and down's over the next couple of years. I'd like to see them have a go at quadrant using debt and a limited equity raising, similar to the lattice acquisition. Done well we will be heading for $6 in no time at all. The oil price is always going to be the driver, we stay on the high side of $75 usd brent crude over the next year, then the sky is the limit!!!
Lads give it a rest... I base my purchases on fundamental...
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