Its more rewarding for sophs if PNOO get extended. If we are...

Its more rewarding for sophs if PNOO get extended. If we are 1.5c or there abouts in 4months, imagine where we will be with a 12month extension?

That way the pressure is off them. They arent relying on PNOO.

I invested in an oiler JPR. The management were hell bent on getting JPRO in the money. Even touted having the options underwritten.

Long story short, they failed. Had no back up plan for the fundind and were forced into a heavily discounted rescapitilisation. The shareprice has recovered but is still well down.

But I guess March will give us the strongest indication on PNOO. If we dont re-rate then make other plans. If we do re-rate then we move forward.

Logic says we should have spike and meaningful gains. I wonder how often we will get updates on sales volumes. Would be nice to get an announcement saying products are now on sale. Maybe a link to any promotional campaign, etc

Then a follow up ann after 1month to report sales success.

I think we will start getting media attention and broker coverage which will help re-rate and might cause the odd daytrader run too.