CVN 3.03% 16.0¢ carnarvon energy limited

Gotta,My greed threshold went up when the market turned...

  1. 13,966 Posts.
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    Gotta,

    My greed threshold went up when the market turned yesterday, but got left out with an order incomplete. Trying to get a few more around 34.5 but prepared to miss or be patient. Hate chasing things, prefer bottom picking, or lurking in queues for retraces.

    One thing could scare me with a second rig, and that is the potential to slip backwards on cash until enough new wells come on.

    I am thinking this may have been more of a factor weighing on the JV minds than we care to not, and hence their desire (as someone noted??) to see the poo stay healthy before committing. However I trust if/when our management make such a commitment that they will have all bases covered.

    EL
 
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