My last sale pre consolidation was at 1.1 cents or the...

My last sale pre consolidation was at 1.1 cents or the equivalent of 22 cents post consolidation .
It was only a short time before the big CR to buy Blackspur .
The CR for Blackspur was at 14 cents .

Ran up to 27 cents on the back of very bullish price predictions from paid for analysis and when the disappointing quarterlies started rolling in it has been in a downtrend ever since .
The Market seems to have become very skeptical of anything Management says now .

The assets do not seem to be anywhere near as good as they told us .
Some wells were touted to have payback of only 5 months .

The testing of the Montney wells gave good results which I think were under appreciated by the Market .
A good sale of the Blackspur assets would be transformative for the share price .

A significant fall in the oil price from where it is now would make things very difficult .

I bought another 400000 last couple of days in the knowledge that they could fall further but I think the risk / reward metric is OK at the present SP .

Fingers crossed