I have been watching...listening...22 Jul 2018 13:25
Over the last few days since our last RNS, and you may have noticed that I haven’t posted much..rather more deliberating and watching things, (or rather investors, lol), unfold. It’s true that I, along with a lot, if not all, were expecting the UD2 info to surpass any expectations we lay in wait for.
So, it’s out there…and if you look at my posts from over a week ago during my rants, (so called), were purely based on silence in regards to UD2 and I wanted clarification, be it good OR bad and that was it. My issue was lack of comms from the company as I believe that we are entitled to them as shareholders, and standing in no-mans lands was a “No- No” for me.
Most of those who were waiting JUST for UD2 have bailed, and tbh good luck to them, and for the most part, who can really blame ‘em?!
What do I think?.. Well firstly tbh, I’m surprised how the SP has really been substantially strong in reflection to the RNS, and IMPO UD2 is defo not out of the picture, I HONESTLY believe something else BIG is being played out there..202TCF is way too big to just walk away from and a lot of posts have been made in relation to how/what exactly is going on, (aside from what is stated in RNS), most very re-assuring…And investor/market impatience, of FRRs own making, (I may add), has forced them to put a comma on UD2.
Our oil?... Well probably it speaks for itself and for the SP stability and strength and shows that the majority of investors and market have respected the fact that our oil is a considerable asset and await further proving, especially T-45 and un-stimulated wells that are producing, (brilliant imo).
The Good, the bad…and the Ugly’s are still with us, and may I pay respect to the great, informative posts by the good, (Mole, DevEx, Ivy, Geo…amongst others), well-structured and to the point as always! Let us now hope that since the big elephant has walked out of the room, (for now), that comms from the company will now re-engage on the oil play and the progress.
Have a great Sunday y’all and keep the good banter going..I, for one am still in!