re: do not disturb - 618 It's hard to really say, a lot of it is psychological. I remember when Arq made the Hovea discovery, share price languished around 20c for ages after initial jump, and I had all these self doubts but hung in based on what I thought it was worth. In the end, people finally believed the value was there. The same will happen here. I don't believe it is just sovereign risk. Oil discoveries and made and developed in many f*cked up countries all the time.
This discovery is big both directly and in the regional sense. It will be recognised soon enough. Hard to compare one company to another when sentiment is ruling. Why should Elixir sit as high as it is with absolutely no reserves and a series of dusters? But there it is.
HDR
hardman resources limited
