I appreciate your humblepie Jrowl. My guess at the drop in SP is that in view of the debt ceiling uncertainty, the market is wanting to avoid risk and West Africa is considered high risk Just look at the declines in PDI, TIE and PRU. They have been hit too. I picked up some more WAF at 88c and TIE at 50c today. I think producers will deliver the good SP sooner or later. Nevertheless, IMO it is best to keep plenty of cash in reserve at present.
WAF Price at posting:
86.0¢ Sentiment: None Disclosure: Held
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