RE: News8 Aug 2021 23:22
I think your being very honest about your position and understanding there Ibiza, whereas most of the posts here seem based on hyperbole. I’ve held at various times and thus always kept an eye things here, but ultimately I wouldn’t be able to decipher how good or bad the results RNS will be, so I’m currently out at these levels . I’d just offer a general word of caution on following the advice of people on here - most have positions and whilst most probably arent deliberately ramping , they’re so emotionally invested all they’ll see is the positives.
Is anyone willing to say what they’re expecting in the results, ie can a bullish poster explain what they’re hoping for, or even what would be a positive outcome? And how that might transform the fundamentals here?
Fwiw I think it seems pretty clear there’s plenty of oil across the acreage, but as we’ve seen previously that isn’t always enough.
Anyway, I wish those invested well, it’s been an exiting story to follow and Im sure I’ll be onboard again at some point.