RE: Fleeced Again !21 Dec 2023 16:50
Hi Poor, I have been LTH for a few years. Doubled before the last spud with the intention of getting a free ride by selling half the new great holding at a profit, riding on a pre-spud boost. The boost never came, quite the opposite. And now I'll only ever get back some of what I've put in if Itumbula is a commercial find. People buying today might find that there's no boost. Obviously the upside for them on a commercial find will be amazing but I'm not sure that's why people bought today.
I never used to be interested in the posts on how many billion cubic feet He a find might be but now, the bigger the better.
Or I lose my whole investment, which is actually the most likely outcome.