Marsi I think you are kidding yourself, if management had an 'ace up there sleeve' they would (and should) release this information to the market. Surely no-one on this thread can deny that management have been trying to put a positive spin on each announcement. For example, from Mondays announcement ‘excellent confirmed large gas resource discovered’ - 1st sentence on the front page. Then hidden on page 3 - ‘Continuing to drill the deeper objectives, which are volumetrically less significant and still carry exploration risk….’ Where is the credibility in that?
For the believers I do not doubt that there may be significant gas, just not as much as some traders thought there might have been a week ago.
The prudence of management is disgraceful...imo and I want to know the truth
GDN Price at posting:
8.8¢ Sentiment: Sell Disclosure: Not Held