Phase 2

We are now well into phase 2. As I said previously , this is the volatile phase with movements of 50 to 100%.
the next phase , phase 3 will be here soon enough and we will see 5 cents or $2 depending on the outcome. Although there has been much talk of the risk reward ratio it should be remembered that this ratio is one that is used to rank various prospects , NOT whether or not to invest. After all , the chances of success are at best one in three. So investors are taking a real risk. I hope it is a discovery and investors are well rewarded . Don't forget , the best time to sell may be as soon as hydrocarbon shows are announced and there is a serious upward hike in the share price. Most often , it can be just shows and nothing of commercial consequence. On the other hand it may look like its big and possibly commercial but this won't be known until much testing and appraisal has been done. This too can be a volatile period with many challenges, but at least the price should be a lot higher than it is now.
Good luck to all holders.