Gday, my conversation with the company last wee,led me to believe that production figures were as normal ie nothing negative.(my understanding anyway) We are now with a company under rapid change. We all know the high profile of Mike,and he has now confirmed how he will guide the company. He obviously thinks we have a large future.
Most large oil companies culture is remove as much oil out of the ground as quickly as possible. He has been involved with such companies. His background is engineering.
My thoughts are that the all important share price is at the bottom of its cycle atm. Another waiting game for Maverick. Yes im sick of waiting,but I aint selling.
FDM Price at posting:
29.0¢ Sentiment: None Disclosure: Held