Having experienced CVN from about 2c thru its initial sludge finds to finally flowable black gold, sincerely hope that if first is a duster and Peak pull out, SUR GO TO SHAREHOLDERS to retain/fund the full 50% for future cos the reward/risk is much better than most.
Re the freecarry situation, yeah we can all be logical and conservative, BUT when it comes to onshore relatively CHEAP wildcats sitting in between Thai's two top producing fields in similar geology, then a man has gotta think and answer Harry's important Q ...... are u feeling lucky, punk (?) haha
Thinking more about what I have just said above, reckon I might just forget what I hold and go for the throat and BUY MORE ! ... where's that capper gone ? ... USD demolishing and POO breaking out ... what was that "?" primary wave high again, 138 ?
Havent seen the historic 11 - 18 trading range for a while now and lets not forget our leader's realtively short dated oppies are at 11c strike ... so whatever strategy u choose, just remember he has enough incentive to get it right and keep persevering with intensity over a mid term period.
Nice market action today ... ready for next notch methinks.
IMBOOC
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