There is now way this will drop sub 11p unless Australia have another lockdown and even then they just carried on being in the middle of no where. This could not be in a better country in my opinion
Other warrants at 3 p so have further funding when the share has improved. This is a medium to long term for me and actually i agree, puts in a better position for a jv
RE: Just seen the President. Energy25 Jun 2020 12:09
Yes a Jv is a great way forward with no out lay and a split and traf would defo not be buying oil from any where else then. Makes logical sense but i guess time will tell
RE: I keep thinking about the new24 Jun 2020 10:59
I do t think so, oil is hitting 42 dollars a barrel so Unless it drops off a cliff again makes no real difference and traf can buy of who they want (president :). ) who would you buy oil off the conoany you part iwn or one you dont???
RE: I keep thinking about the new23 Jun 2020 21:34
For me it makes perfect sense especially when demand is down for oil. Youre going to buy what you are invested in, double bubble for traf and President has secured a buyer for all the oil it produces. Win win for both parties
Have a look at ggp, i knew nothing, started with 1k at 1.6 a year a go. Now its sitting at 12.1 and my average is 6 p with 240,0000 shares . Amazing journey and this could do well i think. DYOR