Sharejon Speculate all you like.Having been here since 1.9 on...

Sharejon

Speculate all you like.

Having been here since 1.9 on the oppies and seen the meteoric rise since then, I'll stick to my thesis.

For me it's now down to production for SSN........and the bottom line.

Let's see the quarterly regarding production and revenue.

Hence my sentiment of hold.

IMO Shale oil production is in the classification of non conventional oil production which needs high oil prices to exist.

Expensive drilling costs with high depletion rates is what it's all about. Check the production of previous wells.

If there is one thing your post has highlighted for me is.....

It's now time to sell down to a free carried position once again then put the remainder in the bottom draw and let's see what happens from there.

Cheers