Scarpa
Firstly I'm here not there . It's us not you .
Secondly I don't care about the size of the field pay loads . I see low cost permits that will deliver a good news flow which will make our profits go skyward . You need to be on the boil more but the rewards will be there . First major raise in the SP there will be a successful takeover of us , we will have Mosman shares and we will be in on that rise . We can create the improved terms ourselves. Sitting and hoping will not do anything , we are still spending and still going down .
Thyme have to place 20million shares soon which will pay for the the next drill , I'm guessing on the much larger payload target in the murtch Permit . That's what they hope will give them a kick start rise and on previous news the rise has been huge . That could take the 10 to 1 offer away if it is . They would place again further in the previous 20p region . We could be in on that .
And again I will state , the offer could well be pulled from us and then if that happens we will need more than luck . The next takeover will come on even lesser terms .
Playing chicken is a dangerous game
- Forums
- ASX - By Stock
- Had enough
Scarpa Firstly I'm here not there . It's us not you . Secondly I...
-
- There are more pages in this discussion • 21 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)