long term , page-2

Abilene, I think you are in good company with that story.

I began buying at 90c after the Ungani discovery and as the SP rocketed I thought I was a clever investor.

I then bought all the way up and I've continued buying on the way down with my last dip at $1.40. From what was initially a huge winner I'm now in at an average price of around $2.00.

I think there are many more on this forum sharing a similar fate.

As I remember the trouble started AFTER the positive drill at Ungani North. Who could have predicted that an oil discovery would be the start of a massive and continuing decline!! An oil discovery on 2D seismic testing the prospectivity of a new trend.

Really amazing stuff!