RE: Omg30 Jan 2019 11:14
List from Philippines:
*Commercial success is about 35%
*based on 3% growth per day average between now and spud the SP will be 9p approximately.
*Drill equipment is some of the most high tech available.
*So much success in the area, I can't see it going wrong
*GB I don't trust but our partners have proven successes
*Easily a 3-4 bagger from here.
Whether it's unintentional, it's very coincidental that these things were virtually said verbatim last time. I have respect for those who are being very open about their exit prices and all the best.
What I will say is, last time the share price hit 5.2p and struggled, fell back to 4p and pretty much stayed there. Then when it was deemed a commercial failure, it quickly dropped to 1.5p and then 1p the following day.
Always have an exit strategy regardless of what you hope the price will reach. I'll happily state that I don't have a single share in this company and have no interest in entering any lower any time in the next few months, years possibly ever.