Twice Terry Fern has turned PSA from nothing into a $300m+...

Twice Terry Fern has turned PSA from nothing into a $300m+ company.. Interestingly it usually takes him 5-6 years to re position the company before the share price explodes, Well it's been 5.5 years since it crashed in 2008/9.

Seems like we have many eggs in Yemen!!!/. Not sure I like this from a geo-political view point, Isn't it a failed state?. looks like we got the assets for a very good price anyway. Would be nice to have some more colour around when Yemen drilling will crank up.

Otherwise the mkt really does not believe Fern will use that $40 mill productively, PSA has a negative enterprise value, happy to buy it below EV. I bought plenty last week, got them very easily, he's going to need to crank up the news flow.