I think peeps were expecting some explosive good news yesterday When it turned out not to be news peeps wanted they panicked and sold especially when realising about the default on load. But I think overdone and now peeps have had time to digest info they will want back in at these prices as so expect bounce back towards the 30p on Monday imo
Noob if this is the case and ceo is Ultimately responsible then surely he must compensate the company for costs out of his own pocket - well that would be the honourable thing to do and reinstate some credibility if he had any before that is.
Iron no need to keep going on about placing now then? You have you sub 39p ( and some) buy price I guess now you don't think placing will be nessasary after all lol
I think art should reign - we need a new ceo going forward that knows what he is doing imo Got lucky with the new discovery so now need someone else to take the company forward. Imo
Great potential could be producing 50000 ++ bopd by this time next year, really exceptional investment opportunity - especially at these prices. Long hold for me.
If bid for Cuda successful then that brilliant if not then allocated Cuda funds can then we used instead for initial development of new discovery or will be in strong cash position for if negotiations for JV with big boys so not giving anything away on the cheap. No loose situation here and cheap as chips at the moment but hopefully not for much longer.