Its a large sum of cash for just drilling,i suspect its its for an acquisition they used the word,nimble so it could be they have a deal already to go if so the moaning will stop lol
Seems to be a wind of change in the marketsWall Street up over 800 points as a result of weaker data feeding through causing the market to believe interest rates may not go much higher,lets hope so.
RE: Back of the envelope thoughts on the placing24 Jun 2022 17:40
Took the opportunity to average down ,with the placee,s locked in for 4 months there could be a positive reason for something big happening shortly imo
Russia has cut off gas to Germany today and part of Italian supplies probably because their leaders are in Ukraine today.Even so it looks ominous that there will be a shortage of gas in the West this winter
"Nothings changed"REALLY the sp has dropped 50% but nothings changed,seems the more likely person for being inexperienced is yourself,you couldn't make it up