Hi Matt747,
How is that AGO 4 bagger call going?
04/02/15 - 19.5c (date you made the call)
04/08/15 - 3.5c
Maybe you meant a reverse 4 bagger?
The PANR play is simple. We all know the play. When assessing the potential of a resource investment you need to consider what part of the resource cycle the stock is in, not just overall macros.
PANR is at the discovery stage, where massive gains (and losses) are made. Even in a depressed market with poor macros, if oil is hit, the SP will rise significantly. Conversely, 2 dusters will mean a steep SP fall. Austin Chalk is there as a back up for the second well, but that won't save the SP from a short term hammering.
LOTM you aren't going to be shown the details you want. Vision is a private operator and the study is confidential. Not sure why you keep whinging, it's not going to change.
Cheers!
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