I will reply to this in the most PC way possible so I don’t get modded again, people take things too seriously. Depends on your play, if you’re in BUY for PEP11, for me the smart thing to do is cash out and get in to MMR. But if you’re deluded in thinking that they will drill Cerberus and make bank then you should stick with BUY. All purely my opinion and not financial advice.
im also in no way deluded that PEP11 is a shoe in for approval, on the contrary I think we have our backs against the wall in this phase. But as many others have previously stated, this whole debacle has been unjust, and there lies my issue and equal conviction. Commonwealth waters encompass Australia, not every state except NSW. Due and fair process is a right of all Australians, irrespective of the size of your snag on the barbie.
it is a high risk play and the current SP reflects that risk perfectly imho.
MMR Price at posting:
0.4¢ Sentiment: Hold Disclosure: Held
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