No point being in this if you just wanting a quick buck, everything in place to take it. Forward it's just going to be a bit slow to start with until all wells are caped and the trees added to then start flowing and mist people will know in this line of work. So pointless bleating in bout it, good time to average down tho gla
If by certain people you mean GG " the reliable source " we are definitely doomed. My average is not as massive as some others at 3.5 after averaging down a few times , maybe one more in the pipeline for me.... pure gamble and madness on my part , but this is exactly what this company has become so..........roll your dice!
14k down another 7k to go before I lose it all. A loss is a loss only when you sell but I can't see me getting my money back in the next 12 months, if it does it would be a miracle!
I was stupid enough not to cash out when we hit the 2.6ish a few months ago but at the time I honestly thought a recovery was on the cards like everyone else, it now appears it was just a way for all the ITK people to get their money out before the disastrous news was announced.
We went from being debt free with even more shares issued to now 15million in debt AGAIN no real means to pay it back as the overheads are ridiculous, at this moment in time I have doubt that we WILL get diluted again once the debt is due.
It is clear for everyone to see that the rigs we own are clearly not up to scratch and 15 million isn't going to solve that!
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