I've just listened to the podcast - thanks for the link Jiddy - and am heartened by what I heard. The FO deal is IMO a great deal unless you were a holder looking for either a quick profit or your strategy had a specific timeline. We all invested in an exploration company and hopefully were fully sighted on the risks involved. I hope no-one has 'gambled' here more than they could afford to lose as that would be folly. Anyone can misinterpret data, hit a duster, have a fire etc so there is always risk involved, that's why the potential reward has to be so great. Here we have two companies scrutinising the data and making an informed decision about risk and reward. The unconventional being tested by the Charlie well for free is the major bonus.
As has been said here and on lots of other BBs patience is the key and DW has given us a revised timeline before we will see results that will impact the SP. The SP is not easy to predict obviously and sentiment rather than financial detail is often the driver but dips can be seen as opportunities for us and others to come aboard.
I for one will be topping up when I can over the next 6 months as I am very satisfied with info I have to allow me to make an investment/gamble in 88E.
I wish you all the best of luck with your own personal strategy.
Like every other post this is my opinion and as valid as the next whether you consider it ramping or deramping.
I've been giving this some thought and the best I can come up with for a meat alternative is cheese. Darn good sandwich filling and no animals (that I know of) are hurt in the process....unless of course milking hurts....oh no, there goes mac n cheese off the menu too! ;-)
Another quiet day for HNG but makes for compulsive viewing while we await the RNS that will transform the fortunes of the company and her shareholders.
On a slightly off topic note, the Ashes were drawn but cricket was the winner!
Happy Friday all, unless you bought at the peak or your investment strategy relies on a watch rather than a calendar then IMHO you are still in an enviable position. Unless the ii is continuing to sell, or choose to dump, then the liquidity will be drying up and we will be rewarded even more handsomely when things hot up. Sit tight and try to enjoy the ride!