Yes, I agree. Potentially ugly today. Seems a bit of an over-reaction considering we can expect more news on Warro3.
"The Warro Joint Venture partners are currently reviewing the alternatives for any further testing on the Warro 3 well."
It looks like today will be on over-reaction. Will be looking to add some if it hits around 1.5 with the goal to get average holding sub 2c.
Averaging down is usually crazy, but I still like the fundamentals.