RE: race20 Nov 2020 06:40
I really don`t think the potential impact of this deal has sunk in yet .
People are focused on the BAGO operation , selling Gas and getting a bit of oil production going .
I`m not downplaying that in anyway , it`s crucially important , foundational and will i believe re-establish the whole viability of the business .
The surge over the last few days I think is in the most part associated with that , because it`s tangible and near term in completion .
The Schlumberger deal is just not visible yet and while none of us know the full detail , most people are probably not even aware of the enormous potential and the impact it is likely to have on little ol` Block .
Block , and it`s current shareholders just happen to be in the right Company , which is in the right place at the right time . That bit is just pure luck , which doesn`t happen very often in this game !
This deal is definitely not priced in by Mr Market and not yet appreciated by investors .
2021 will be transformational and possibly absolutely huge ! ~ imo .
Top up for me today !
VGLA :)