RE: New oil boom?27 Sep 2024 09:35
Yes it does Vince, it will keep going for many years ahead IMO as progress is been made. It maybe at a glacial pace but the future potential will always develop as time progresses. IMO MSC for me is now a no go in my head but the company is in limbo and can`t day anything until MSC actually pulls the plug, which IMO they will not as they may want a potential even better future fuel which no doubt QED may be able to offer! Morocco apart from the year end incentive can basically go at whatever speed they choose, no rush there but still potential! But bring in Utah which again will be a very slow build but always itself now can be a company game changer and very huge potential in time can come from that! Throw in test results of development every now and then and hey presto, new investors will be easily tempted to join the party.
So yes many years to wait IMO or I could hopefully be wrong and boom the next RNS could be a rocket, who knows how close they are as their communications are terrible and have been for years. No change there and I doubt without a `board` change, nothing will change on that front. Only way I see any big change is after we have got the company a few commercial contracts under its belt and growth is needed!
So we have a choice as always, believe it will work or not! For me its still a yes but its a very long time away. I am learning to switch off and let things go now, not much point getting stressed about it as its my choice to stay invested for the even longer term, but now its a case of no expectations, no disappointments!
Good luck all and see ya at the final results, unless a blockbuster RNS pops in before!