RE: I agree with Noel.30 Jan 2023 21:11
I also agree with Noel - it's a gamble.
This board seems to be awash with characters who have no idea how the O&G exploration industry works so why are they invested? Shell are no better at finding O&G than Chevron, Exxon, Total, Eni or Joe Bloggs despite what their geologists or reservoir experts claim.
A 30 day well test tells me they are struggling to find commercial flows and are just burning up their budget as it's all written off against tax. Even if they find something it will be years before Shell, which is run by committees, make a decision.
Hang on if you want to , it is your choice, I'm just waiting to dump my Cluff shares as soon as they are +ve.
Anyway, that's my tuppence worth.