I have to say, I cant really believe that the gentlemen from Singapore were happy to hand over their 10m and write off 50% of it in 2 weeks without some fairly strong technical and operational reports from Gurame.
Yes, cold reason says we should either get out now or at least de risk 50%, but at 12c to sell at this time, is that a sensible decision to make?
Based on the investment case from Singapore - I´m inclined to stick with it, or at least give it a few days to see how the market digests the disappointment of HS with the opportunity to take the SP back to around 30c if Gurame can flow to a commercial level with low/no Co2.
Griz
MEO Price at posting:
12.5¢ Sentiment: Hold Disclosure: Held
