RE: Running at a 90% loss7 Nov 2019 19:35
AllinChris,
Sorry to hear you are suffering with a 90% paper loss. I'm also sorry to learn about the passing of your late husband. In short, no I wouldn't sell with 90% paper loss. Not when a deal is being finalised and a chance of success on the horizon with future drilling. Should we go on to drill Te-11 and find gas in spades then things will turn around here for the better and very fast too. We are on a "free carry" for any future exploration up until "First Gas", which some people still won't acknowledge. All that is needed here is some more patience and hopefully things will in time improve. The market reaction to the recent RNS's has been poor, which comes as no surprise because investors (including myself) were rather hoping that I'd get a sexy looking dividend payment. Especially when we were told time and time again that the Horst was worth around 25p-30p. I can understand why people are feeling frustrated and aggrieved, but death threats are perhaps taking things a bit too far. I also think JP needs to man-up, take responsibility for this obvious investor disappointment and do something about it. I have already suggested that he should come out of hiding and look at organising a video interview with Proactive TV or Malcy on his channel. People need / want to look into the whites of his eyes (I suspect they are looking rather bloodshot at the moment though) and try and understand what this deal means for us and to get some sort of reassurance that we're NEVER going to feel like this again whilst invested here. We may be feeling we have all been duped right now, but fortune favours the brave and right now, I think we should be brave and see what emerges over the next few months and beyond. Good luck with whatever you decide to do as it is your money at the end of the day and nobody else's.