RE: Bloe20 Oct 2021 13:53
The quote of the day if not of recent times is from V111JAS and absolutely sums up where we are at here.
The trouble is ~~~ The well result may yet prove favourable but unless it is a spectacular result (By that I mean 500 + ) it is ,I think , going to be very hard to lift the share price as dramatically as the dramatic fall.
Although ~ as i have consistently said for the last couple of years : If we were able to get rid of PH I think the sp would have a significant spike and if a replacement were an experienced Oil Man with a proven record and credibility then the spike might well develop into a serious rerating
In my book you can’t argue with any of the above. I honestly believe that the recent issues were blown out of all proportion, we see it with other drills but will PH ever regain is credibility with the markets and investors? Will he always be absolutely lashed when something does not go brilliantly? I still believe there is huge potential here but the SP decline is horrific. Good luck all.