I agree to a degree - last two months have been handled very poorly. Thank god for the Fireside Chats or we would have been kept even more in the dark.
However.
The elephant sized resources we are sitting on cannot and will not be ignored once spud is announced and that is when I believe the DTC will kick in and push the sp higher. Just the basics of supply and demand really. Just my opinion but I see a firm push north of the sp once the drill bit bites.
The market atm like the shareholders, is reacting to the lack of any news. A good concrete Ann tomorrow morn pre open re spud and hopefully seismic details of the extended area and we are as old mate says…
”Off to the races!”
Like you DB - I am mystified as to why the seismic is not being released?
Hopefully much will be revealed tomorrow morning and also in the slated upcoming Fireside Chat #3? Great to hear that is happening and hopefully at the well site?
No news/update tomorrow will be a massive concern but feeling confident of major news to start the week on a high.
GLTAH
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Open | High | Low | Value | Volume |
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6 | 918720 | 0.065 |
2 | 250999 | 0.064 |
7 | 878900 | 0.063 |
5 | 566774 | 0.062 |
Price($) | Vol. | No. |
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