RE: Federal Deep Discovery3 Sep 2021 10:44
Hi Tilburn - many thanks for your continuing input here, & I am sure that sentiment is echoed by all other genuine investors here.
As you alluded to, PI's are fed scraps on a " need to know basis", and this could very well be a monster. The Atomic purchase was made @ $38 WTI. This is now a shade under $70. On a larger scale, I remember Oil Search buying Armstrong assets at a similar price a few years ago.
I cannot see the SP staying at current levels for very long.