Cautiously optimistic31 Jul 2022 20:28
What's perplexing is the consistency of the bashers here either just traders or paid dreamers end of story. And the same for some of the super rampers as well.. Any poster/s who refuses or cannot talk about things in a pro con way is dangerous to keep unfiltered. Share dealing is hard enough without being manipulated by such people. The filter box is there for a reason. Use it.
If we don't increase our production we are in big trouble, if the discovery comes back blank, we loose nothing, if we don't secure better finance within 12 months we are in trouble, we may get delays with production and drill schedules due to supply issues, deal with it, that's life. Cant handle it?, sell up, go away.
We might drastically improve production once pressure issues resolved, and now we have coda, we may drastically add to our bottom line with new drilling, the RS report even if 1/4 of what was said comes back good, our reserves go sky high, If a good RBL is arranged our cash position is instantly improved, oil price drops 50% we still have a workable company, if it stays the same or increases things get pretty good indeed. We are priced cheap in comparison to our current assets. Like that?, start buying or continue to hold.
Ask yourself, who are these people on here posting 30+ times a day, do you really think they're here to help you!!! give you good advice? No. They. Are. Not. They want to manipulate you.
The rest of us who believe will naturally be more optimistic, try and post facts, provide counter arguments simply because we hold. It's just not normal to spend hours a day bashing a stock, why bother!??
But yes, to you odd crew, This share so far SUCKS! and has sucked and has led us along and been a real stress, but that does not mean things are not progressing! just look!!! Art is playing multiple hands and building a company in a very tough global climate. Some games are being played here, to what end i do not know.. But the upside, if the man can pull it together is potentially huge.
In conclusion, hoping for a strong week leading to RS report, let's just hope the figures are good, clear and explained well. And as ever, remaining cautiously optimistic.
WM