RE: RE: Bounce31 Jan 2020 13:47
Mald can't see the wood for the trees. It's whinging and whining about imaginary issues that has dragged the price down and kept it down, and as long as the SP is based on a combination of soured sentiment and little else not much will change.
However, the day when real, measurable, proven and indisputable oil production is what determines the SP - once reserves are proven that's the way it goes - is almost with us. Not hyped possible flow rates from BB that led to the 11/12p mini-boom, actual proven oil production and OIP reserve figures from HH. The genie will be out of the bottle and will not be going back.