RE: Where’s the sizzle ?29 Jan 2021 00:30
Legal wolf ... it’s a good job you jogged my memory because I almost forgot most of that.
I’m happy to pay 7-8p with all that’s on offer, I’m also lucky to have enough funds available in my portfolio to not rely solely on char to give me gains to re-invest.
I think that’s where the problem lies, it’s with investors wanting to use their money and possibly make really good gains elsewhere.
I staying here .... just hoping that a big deal that cements char’s future is signed ... only then will I care about the gas prices in morocco and our revenue.
I hate to say this but smarty pants who has a proven track record of doing gas deals around morocco hadn’t been doing much then has he ? Or question is has he ? I don’t think he will be trading on robinhood instead.
For what it’s worth I believe when the commercial funding deal /farm out is announced they will also mention gas offtakes for sure.
7p = strong buy in my opinion...Downside very minimal if any. Upside of that deal could be very fruitful.