I wouldnt say tahat 100% certainty there will be another price drop BK.
What I would say is that, from now until shares leave escrow, I wouldnt be leveraging into a long if I was a day trader.
As I hold from 20 and am free carried I couldnt care less what happens this week or next, its what happens when we have 40 to 50 extra wells flowing that interests me. I have no reason to doubt the management when they say they are confident in creasing production rates, the same way I had no reason to doubt them when they said they would increase 1p reserves. (and did so to the tune of 700% in one year)
FDM Price at posting:
$1.28 Sentiment: Hold Disclosure: Held
