Opportunity knocks19 Dec 2023 09:58
Pavlov’s dogs naturally having a field day, need it more than most I guess.
So one JV seemingly dead in the water. Think we can live with that tbh. On the balance of probability, my opinion is that COPL were’nt enthused, and walked, knowing the safety net of funding was in situ. Plenty more bullets to fly in this saga, let’s wait and see I suggest. The assets cannot be ignored, it’s that simple. I’m an optimist generally, maybe there’s data suggesting the scale of OIP is greater than first thought? Maybe not, but bottom line are the assets are unchanged, there are still suitors circling, period.
Meanwhile the shorting cartel will drive it down, let’s wait and see for how long. GLALTH