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FAR the lucky Company, page-9

  1. 13,416 Posts.
    lightbulb Created with Sketch. 4570
    Hi PJ I guess our real luck will be established in the Nov-Dec time frame and then we can look back and say why didn't we raise cash then or thank dog we didn't raise cash back then.....

    We may also have some luck with the timing of the drilling, there is a very good chance that by Nov -Dec both the oil and the sharemarkets will be on a rising trajectory however they both could be coming off a low base.....the current sharemarket correction, as long as it can be kept reasonably orderly, is long overdue and its nice to see some steam coming out of it, the Dow has been on a run since the GFC and gravity was always going to catch up with it...as for oil well gravity caught up with it a year ago...

    The well worn saying of sell in May and go away certainly applied this year...

    Cheers Whisky
 
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