Hopefully the market is starting to weigh up what’s really going on with May. The A2 units could still be commercial, more news is imminent and A3 has been de- risked by virtue of the A1 drill which was not set up for the pressures encountered. There has been nothing going on that you do not see time and again in the O&G game which is a long game. Timing exits pre-announcements is a well known strategy and has worked well for some but bigger rewards can come via timing re-entry with the same level of skill.
Hopefully the market is starting to weigh up what’s really going...
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