be patient, abuzade.Excitment is just around the corner.The next...

be patient, abuzade.
Excitment is just around the corner.
The next 2 to 3 months will see a lot of M&As & hopefully BPT should be on the big boy's radar.
If not China, perhaps Santos for the LNG plants.
Santos may decide to go it alone on the SA plant.
America has started its recovery as has Australia & if M&As are left too long the SP will be prohibitive.
The general market has recovered 13% since the end of the financial year.
I you are holding good exploration & mining stocks your portfolio should have gone up 50 to 90% since end of financial year.
[Ie GTE 208%;NTU 134% since Sep 9;PRW 68% since Oct 21;GXY 75%;GSE 229%;GTEO 310% etc]
BPT is 22% up[was 0.69]
These type of figures will continue at the same rate & energy is a prime target.
Beach will move faster and could be $1.50 by mid year or $2 range if a takeover emerges [usually 30% premium to market price to convince shareholders].
As a byword to the above stocks-rare earths,copper, lithium & uranium are what they have or do & they are the market movers currently.
As I said, I am hanging on for that takeover.
If that doesn't happen,$1.20 to 1.50 is 50% profit depending on when you bought.
I would be happy to move on with that area of profit to new pastures.