RE: Risk?5 Jun 2024 11:34
I do wonder what is going to be the catalyst for the SP to jump 100, 200, 300%. Many on here thought the granting of the LP or equivalent to allow us to get to work on Heron would be that catalyst. But that hasn’t happened. We’re all but where we were several weeks back. Will an RNS saying DQE will work with us really be a catalyst for such a rerate? Hmm, I’m not sure. Will it be renewables? Doubtful anytime soon, IMO. Will it be the first barrel of oil with a MATD sticker on the side of it… maybe. But my original thinking all those years ago that I might turn my 3.5p purchase price into 15p has diminished as time has gone by. Seeing the most recent RNS, the one, if we are all honest we were all waiting for, have such a limited positive impact, has made me think I should be happy if this hits 6-8p and be done with it. All IMO, hopefully I’m wrong.