RE: EGM to remove Paul Baay13 Nov 2025 15:22
Made me chuckle Herdie, yep nursing some massive "paper" losses today I've been around the markets long enough to put my big boy pants on and look rationally.
Here's a quick scenario, the drill rig is on it's way to the central block, let's say it's drilled no issues and produces well, the SP rebounds in just a session or two as all eyes look then to the next 3 wells we going to drill there and that production above the 22,000 goes to the LNG market $8-$9 as apposed ot our $4 at central block and substantially more than the $2.50 fixed price contract as Cas. The game can change just as quick the other way, although will take some decent buying from the directors to support the stock (ass they mentioned once out of the black out period they'll be buying)