RE: Ina23 May 2018 09:10
Touche Westie, although I cannot inform Ill give my current views and if anyonr wants to have a debate then graeat.
I am concerned about the INA contract that with not hitting the lower limits of supply, what does this mean for the company.
Its a shame PG-11A is being shut, however in my view if they can get it to come back producing more than it is not all in vein - however was it needed at this time.
Im not sure why Ascent are tweeting about gas prices, from what I can see they are down from 6/12 months ago, unlike the rally weve seen in oil.
I imagine a buyout is increasingly unlieky with each week that passes, however a joint venture could be good for us. The main issue really is our quite short licence term left, if this is extended then it will be great news.
I think what we have at the moment should easily support the SP and I am confident this will make more recent buyers a bit of money, hope so anyway as im topping up. The main people making money at the moment is the MMs, digusting spreads.
Cheers, Stephen