AXP 0.00% 0.1¢ axp energy limited

Judgement Day, page-10

  1. 630 Posts.
    lightbulb Created with Sketch. 111
    Thanks Eddie, nicely put and that's one way of looking at it.

    I look slightly differently; these guys are keeping the tenement and the company going, on the ultra cheap, developing the resource and at some point it will come good, be it gas sales, oil sales or selling the tenement. As option premiums go, it is actually quite cheap, but our old investments are basically worthless as this is not a cheap exercise. I have chipped in and will play another couple of hands.

    Beauty of this game; buyers and sellers have totally different perspectives.
 
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