Everyone always wants everything yesterday . It is what it is . No news could be bad or good . It's upto you if you value the company higher or lower than the current sp . One successful commercial deep well will more than take care of the current mcap in my opinion . Happy to top up with some of my profits taken from val should this go below 14p again
If so, and given that it is apparent that you are overdue a TD on 801, that could mean that they have induced losses on that well.
Maybe caused by exceeding the maximum permissible ECD, but who knows, as usual there is way too little in the way of news flow from the company.
I hope it is not because of that, because if it was they are likely to have damaged the reservoir.
The next RNS should give an insight as to whether there is a correlation from this unscheduled/unexpected (not that I know that it is, I am just picking up the intimation that it was) large mud order, and the apparent delay in receiving a TD news flow.
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