RE: RE: Papaduke25 Oct 2021 17:04
Wherever there is a wait of a few weeks for the next news and as I mentioned ( completely picked up by obmuj) retrieval of water with no mention of hydrocarbons to many is just a red flag, panic. Most have no concept of the process, therefore those two bits of information plus many thought they would be getting production news today gives opportunity to sell up, keep cash and hope to buy-in lower or when any doubt in their mind has been eroded. To me, it was obvious that the SP would drop, but I'm not selling. By the time the spread, dealing cost and potential risk of an about turn from a curved ball item of news is taken into account there is no point selling. Also as mentioned, if the SP does in fact fall further over the next couple of weeks then I will add some more which would increase my average price somewhat having first bought at a gnats c8ck under 2p and added along the way. I think I am up to about 3.4p. Ms Ezhik also has some at about 5p. All good so far as I'm concerned, all going to plan, long term investment. (14 stages inc 4000metres lateral). There must be a barrel in there somewhere no?