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21/05/22
19:58
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Originally posted by Onspeed:
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As I have been saying, there is an active investment transition into Oil/Gas - the next strong growth sector. Capital will flow into exploration and production as the strategic shift takes place. Everyday our prospects increase in value to the point where farm-outs are leveraged highly in our favour. 11 projects in two tier one jurisdictions give us plenty of optionality and news flows. The geopolitical situation ensures that capital reallocates to companies like us and where we operate. The World MUST have energy security first in order to transition to EVs/Renewables For me, to play this investment theory, I just buy the best value explorer and wait for the value growth. IMO that is FDR, for reasons previously discussed in this thread The added bonus is that if we nail a good well and oil system - then the play becomes a LT hold for production, and a chance at turning into a significant Australian producer, over time GLTA and HAGWeekend
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Go long or short - IMO - FDR will bear healthy fruit for SH and Kanga 1 could be only part of the future success story of this company agree , those who go long will benefit from the multiple plays in FDR’s portfolio and leverage from the low number of IPO shares that were on offer Expecting a progress Ann early next week followed by a TH for Ann of the interim hydrocarbon results GL