ETR (ASX) Is LAR on a leash?

Originally posted by gassed ↑

Trumpy. Relax. You have identified the main reasons why the S.P. is where it is.

The "market" puts absolutely NO value on "potential to produce".

And, you hit it in one when you said "without news shortly".

That, again, is the "market", they also want news and without it are keeping away. i.e. .008/.009.
And keep in mind that the "market" is made up of human beings, none of them infallible, with hundreds of different emotions and agendas, so, it can be extremely wrong too. But, "fundamentally", that's the price that they are only prepared to pay for CTR with the ACTUAL "fundamentals" that exist.

BUT, if you put both of those current SP "negatives" together what do you get?

""Potential to produce", becomes "producing" and "without news", becomes "news" and you can guess what the "market" will do with both those aligning together!!! "Fundamentally", alone!!

Those of us who try to read the facts into this picture, instead of trying to discover conspiracies, have worked that out. Join THAT side of the debate UNTIL we are PROVEN wrong. Then, we have another story altogether.

But, let's get Atzam#5 out the way and see how it is managed before we start listening to those financial wrecking balls and fiduciary masochists, who seem to be getting all of their warped "pleasure" in seeing this thing implode and are doing all in their capabilities to try to make that happen.

Trumpy, that is a very sick place to be, put them all on ignore until we get those results.
The conversation will certainly continue regardless of the outcome, I'm hoping to be on the right side of that conversation. Hope you are with me and the rest of the reasonable crew.

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As the sentiment about this company seems to have swung predominantly to the negative, conspiratorial viewpoint, with all of us now waiting for "news" and hopefully, for "production news" it would be great to start up a "contrarian" discussion from those that have still not succumbed to the prevailing sentiment.

There are some very learned and experienced people in this forum and it would now be great to see if the conversation can be concentrated on what they believe that "news" and "production" might deliver and what affect that will have on the S.P. considering that current "fundamentals", 160 barrels a day and 2.3 million barrels are the numbers that the "market" is using for that current "valuation".
Be nice to get away from the doom and gloom with all of that new data seemingly just around the corner.

e.g. Starting from what I would consider to be the absolute minimum, what if A#5 simply replicates the flow rate from A#4, thus doubling the production (income) and the reserves.
Or, more positively, what if A#5 can deliver 400 barrels without risk and they tweak A#4 to produce the same? i.e. Going from 160BOD to 800BOD!! What would the market's valuation be then, based upon those " fundamentals"?
Many "potential" extrapolations, but, I would have thought, much more fun than just competing with the conspiracies from the "other side". Anyone game enough to have a try?