what a week...
being hitched up to STO feels a bit like a cruise on the titanic..for now
our precious 0.90 has now become 0.74 and we are below the almighty ratio that tells us whether there is another bid in the wings(sic)...
above or below the ratio i don't really care..this market is doing it's job rightly or wrongly pricing in the probability of a)recession b)financial meltdown or b) the end of the world...
David Knox has been to the market with his slides of re juvenated drill sites and re assured the country that STO is going to work co operatively with the great protectors of our soil the farmers... this is good enough for me
world markets are going to bounce and probably fairly significantly and most likely by the time our much anticipated IER is released...timing should be pretty good..STO to be above 13.5 and ESG to increase reserves by 50-100%..
is our ratio of 1:10 out of the question.. i think this will be the minimum
DYOR
what a week...being hitched up to STO feels a bit like a cruise...
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