RE: RE:Waiting game2 Jun 2019 13:21
I personally do not believe that JP would put forward a low offer to pi's. He is fully aware what our expectations are and what will get his vote based on whatever it is he plans to put our way. Anything less than £1 is not getting my vote. That should be the stance of every pi on here. Sound as a Pound LE would get a vote imo. It is neither bad or great btw, It is disaster recovery to enable us to all move on to JP's next venture and support him moving forward. I have never had an issue with JP and his ability to negotiate us all a good deal. My issues are with the Exploration Team and their inability to unlock the true potential on the acreage. They have identified numerous drill sites up to 22 tcf unrisked, but have produced duster after duster. I think the Gov't and King will want a major to take over, run 3d seismic and finish the job off properly imo. It makes perfect sense to me that Shell should be the experts to take this on and develop it to it's full potential. Schlumberger may have a stab at it, but I think Shell should throw their hat into the ring. Whether Repsol want a crack at it, only time will tell. £1 is not asking for too much for what is on offer imo. On another note, my advice to any new investor reading this bb, would be to ignore what the trapped bulls are saying. Most of them are anchored at 35-60p and are licking their wounds right now. They are the very same people who were singing the songs and praises of JP and BM 2 months ago. They verbally abused other investors who had a different opinion to theirs and they were blinkered in to thinking that they would be driving off into the sunset in their brand new Teslas. I would agree with the new investors on here, that at these levels, it is a no brainer. If the sp does go slightly lower, then top up, average down, buy in imo. The true worth of this company is not based on the sentiment of the current sp. I have every faith that JP will deliver a good deal and that deal may come a lot sooner than anyone could imagine. When this share gets suspended, how many investors are going to feel like they have missed out? True to my word, I have purchased a considerable amount of share over the last 2 weeks. I always maintained that I would be waiting at these levels and my patience has finally been rewarded. I stood up for what I believed in, ignored the abuse and waited patiently. As a result, I am very much looking forward to the LE and what unfolds between now and then. #patienceisavirtue