RE: Hold this SP.18 May 2018 13:50
Didso, it’s inevitable it will drop off a bit and I don’t think we will see a sustained rise until either good news from Dempsey or updates on China and Indo. The reason (imo) the price has risen slightly is we have the Dempsey gamblers back in, if the results are less than positive they will be out again and we will be trading in the mid 10’s once again until China update, with oil at $80pb currently this is where the money is and this is the reason I invested, I guess most too! Gas is a bonus here, to play the devils adovate this won’t be a company maker or breaker, yes be a great positive if it comes back a gusher but the worst that can happen is it doesn’t and we drop back to mid tens until new money is pumped in with the real ease of the JV in China, we need fresh money, at the moment it’s just been recycled!