RE: Positive posters13 Sep 2020 10:33
Great post Mudstud. Reminds me of the good times over in Azer where there seemed to be a strategy to drill old wells as well as some wildcats in virgin locations. We had a fully owned and staffed rig, and the drill bit was turning. There were regular photos showing real progress.
Owning shares in Zen was “exciting” but they were always too slow and it was only a matter time before they lost the license.
What has happened since is all about AC keeping the gravy train on the tracks, and in doing so we’ve had nothing but chaotic, gasping deal-making. For example, what happened to the Norway strategy?
I stopped being “excited” about my investment and started getting worried about it. I sold 95% at a 33% loss. Could have been far worse. I feel for those that kept faith.