idante23 Aug 2018 12:41
for me ,on extension or deal announced ,this is
a definate hold,if the players want to risk it,thats up to them
on deal its a hold ,and will rise
on oil rig underway it is the same,up to spud
after spud its the same,then if they announce that the drill is expected to take
say three months it will rise all the way from anticipation of succes
if we hear the drill is going to plan regarding time,and maybe 2 to 3 weeks left to drill
then ,one must think about ,do i want to risk it all
or cover myself by topslicing say 60 to 70 percent
rockhopper was a good example yrs ago
just an educated opinion ,not advice