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The fact that we have had to go to Anvio for a 4p placing suggests no imminent JV with upfront cash.
Disappointing, but then again everything about this company has been.
Do we really think the likes of Exxon would be messing around with this for over a year now?
Incessant ramping by the usual P&D merchants.
You see them on several boards for a day or so, multiple posts stating ‘massive buying, going to be huge’ etc, then disappear onto the next one, leaving the rest holding the baby.
It’s a red flag to potential buyers.
A few posts stating why it’s a screaming buy sure, but sheesh.
I thought 3.8p was a good buy, even with more confetti issued. New ceo needs to get out of the traps quickly and give us the plan and how current production is faring.
AM’s performance in charge has been nothing short of disastrous on that big fat salary.
Excellent find Stas.
Negotiations continue and no doubt Art doesn’t want to give it away. He has a strong hand, just hope he doesn’t try to overplay it. We want the big oiler to call, not fold.
Let’s hope so stas.
You look at what is going on with the SP of other oilers and POO doing well and you look at us and the SP, it’s hard to quantify.
Then again we have AM and the others don’t.
He owes LTH’s that have stayed the course and now want to see some returns.