That's all well and good but my pocket isn't happy.
Most oil producers have gone up with the sustained increase in POO.
We haven't, we've gone backwards post consolidation yet the shares I had some money in and sold have gone up, CDV and BAR.
I'm thinking, shall I cut my losses and sell and never venture here again?
My theory of an oil going up after moving from an explorer to a producer sounded good in theory but isn't working in real life and doesn't hold any prospect of ever at the moment.
I mean, why would we put up 40% of $6mill for an apparent small chance of success at Xanadu??why do that?
TEG Price at posting:
3.3¢ Sentiment: Hold Disclosure: Held
(20min delay)