Risk vs Reward19 Jul 2022 20:41
So we are drilling Mou-2, testing mou-1 and 2 by the end of October. Pretty much have the money to get that over the line with an unrisked value of £1.46 per share (Let’s be honest it’ll dwarf that in time). No equity given up, the rest of the licence still to drill and discover, T&T in the background and seemingly moving forward with Ireland surely a matter of time. What more could you actually ask for at this moment in time, I really don’t know. The only thing I can work out is that people want a significant rise in sp to take their money and run. That’s fair enough but don’t cloud the Risk vs REWARD that is on offer for those who are patient. Having not experienced this before I look to the advice of others that have. It was something like, many won’t be in when it matters, many won’t stay the course which is why many don’t make the big money. As far as I can see there may not be another company in this position given the current world affairs for as long as many of us live. What an amazing accumulation of assets with the experience and timing that cannot be overlooked. You have to prove you can go alone and we are. Whether a deal is still on, bargaining going on or whatever, PG is not a mug and knows what is best. I’m very confident in him and the team and I’m so pleased to be a shareholder. The day I’m not is the day I’ll look to sell. Both sides of the coin should be debated but other than people guessing and surmising I haven’t seen one post that proves any sort of negativity towards prd that I should consider. I’m not digging anyone out, it’s emotional and frustrating at times of course it is. Without quoting anyone regarding journeys, destinations and such like, enjoy the Journey and dream, I’m trying to.
Have a great evening.
P.s Sorry for the big sell, I needed some holiday money :)))))