Hi adit,I feel your pain. My own journey was watching the horror...

Hi adit,
I feel your pain. My own journey was watching the horror of the sp fall from 64 cents to 6 saying to myself how could this possibly happen just before production was brought online. After crying in my beer I took off the rose coloured glasses and had a relook at the company. I figured that cash and reserves at that time were worth ~ 15 cents, the inboard drilling targets were worth a few cents each and the Gindarra prospect was ~ 35 cents but only when Nido farmed it out. That analysis gave me the confidence to buy more when it reached the single digits and sit in comfort until it reached its current level.

IMHO, and from a fundamental basis only the sp may follow the POO but will be offset by the decline in reserves through production. The major move in value, for me, will occur when the farm-out happens as a precursor to drilling Gindarra and the subsequent big targets in the extensive portfolio. Until then I'll be a bit more diligent with my targets and stops.