Hey guys been a holder of nen before, looking at holding again ,like the company fundamentally,my only concern is the macro picture with oil,, america is producing as much as it ever has ,and this doesn't look like changing, due to vast improvements in technology ,many would be aware of this,what concerns me is the way OPEC is responding to this with lower prices , this is there attempt to muffle new start ups and keep new completion at bay to some degree ,my concern is this stance adopted by OPEC may keep oil prices at low prices ,hence possibly diminish the attractiveness of such fundamentally strong oilers as nen,,not intended as a downramp ,just looking for opinions from others ,as to gain a complete picture..
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Hey guys been a holder of nen before, looking at holding again...
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Currently unlisted public company.
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STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
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