Lovely looking chart there Sav-J. Nice to see the 200SMA broken again too but will we fill the small gap I wonder.
Do you have any thoughts on the modules that CNX are experimenting with. Not sure how ready they are to be commercially built but if there is a market for syngas one way to gain early gas income I guess would be to simply add module after module as we drilled & sold the syngas until a GTL plant was finally built. Obviously some oil income at an early stage would help keep register tight too & it is on the early drilling agenda. I have no doubt JH has taken everything into account in his business plan.
My main concern (like you others) is that after BG's failed 17-18 billion T/O of origin & paying a measly 4.8 billion odd for QGC, some promising drilling results here may see our little company get swallowed up way below it's true value in a couple of years & then turned into a monster without us. Hopefully your clear descriptions will help others to hold on as tightly as I do.
No doubt there will be some discussion about T/O's at the AGM tomorrow. I look forwards to reading some reports from holders tomorrow. Anybody taking their HC laptop?:)
CTP Price at posting:
11.4¢ Sentiment: Hold Disclosure: Held
