PSA petsec energy limited

Thanks. 50/50 would be unusually high odds for a first drill to...

  1. 392 Posts.
    Thanks. 50/50 would be unusually high odds for a first drill to make a producing well. Those odds would be worth accepting.

    It's a hard decision as I've become very risk averse these days (see my DMX post if you want to know why)

    Also the buy depth is so thin you can't get out at the moment without the price dropping considerably.

    I held ROC at $1.50 but it wasn't going anywhere so I put the money in PSA instead. Right at the moment it looks like it was the wrong short term decision but we will see.
 
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