RE: It all comes down to this...17 Nov 2018 12:15
So true, crude. If this had been two years ago we would all have been whooping with anticipation. The change in the company's whole approach and the endless months conducting seismic plus the current market have ground us all down.
We have built an entire infrastructure, technical, economic, political, geological around a huge gas fairway, which we have not yet proved we can exploit.
From the amount of money and time invested in the seismic, and the potential price we could have got selling on seimic alone, there is a huge load sitting on Brian's shoulders. I still find it a bit odd that he hasn't put his hand in his pocket for a few shares. JP and Marco used to. Used to.
The drill went down pretty fast..too fast? Does that indicate something? Why is the lack of drilling problems causing me to ask if all is OK? Lordy, I am not cut out for this not knowing, lark.
I believe that the faux pas with Badile has made our BOD super cautious about premature ejaculation of results. On the other hand, had the well been a total duster, they would have had to announce that by now, IMHO. Wouldn't they? They would have known about the Tagi quite a few days ago now. Couldn't sit on it and use wireline as an excuse to postpone delivery of bad news. Much too Machiavellian. And who would benefit?
I do believe that our sp will be higher when the LE happens next year. Current discoveries, seismic, poss TE-10, Sidi farmout etc. Maybe not by very much, but at least somewhat. Or perhaps hugely.
We are not the only oil and gas junior to have the share price totally trashed over the last few weeks. There are some incredible bargains out the at the moment. I do not think you can necesarily draw any conclusions from our sp.
Hey, ho! The truth is out there. GLA for next week!