Catalysts19 Sep 2024 20:11
Been lurking here for years. I'm a Yank in Northern Ca, small time investor, long term holder. I add monthly and am over my head, whatever. I will break even at $ .32 Please feel free to torture.
Here goes: AOI deal finalizes (if it has not already) and we get a bump.
Exxon results from block 30, a bump if a strike, though it is 100's of kilometers away, neural if dry.
-Chevron spuds Pel 82 after Exxon results (my theory only, Chevron would know before the gp), If Chevron hits
its a bump, a miss and we get beat down.
-Both 30 and 82 come in? Damn. Pie in sky stuff.
-3B/4B spuds a run up is guaranteed but from where?
-Guyana, I give up, unless Exxon has interest in ECO Namibia leases following a successful Block 30 drill. Then perhaps a packaged deal is attractive to all.
Thanks for your patience.