RE: SP trajectory20 Jan 2023 10:58
Keep pumping CC.
Shallows ? yep, that’ll create a nice lifestyle business paying Divis until reserves deplete. They need to build ‘RESERVES’, that’s where the value is, not in the shallows unless they find other structures to build the P numbers. Vanity or sanity ? they need both and the life changing money for many will come from the deeps. I can get a far better return from Shell with regular Divis and I for one am not investing in high risk Casper because of the shallow opportunity, you’re smoking dope to even suggest it !
The prize is from the deeps and anyone who knows the management team and their objective, it’s all about the deeps, that’s why we’re still chucking money at it 10 years on, over $100m dunk already and continuing.
We will know by end of H1 where we are re the BNG deeps. Success and happy days, failure and they’ll have to look at partnering or selling the acreage before embarking on next project at Block 8 and if that fails, the KO clan will find other assets and wind likely to be the starter on their Green energy journey.
As long as shallows produce and CE generates income, the story continues but the shallows are simply a means to an end, anybody not seeing that is not reading this right.
802 a critical well for credibility and sentiment snd success will make this the darling of AIM and it will be hyped off the boards, great news for all invested. Failure and we retrace until next news out but I’m looking forward to the hectic Q1 operational schedule, especially the completion of A5 side-track and A7, that’s where the life changing money will be made .
You pays your money, you takes your chance, each to their own :)