RE: Hedged production28 Aug 2022 09:09
Not sure about the ulterior motive, can’t see Art buying 1 Million more shares just because July figures are stagnant. I know he’s been creative with the truth in the past but I honestly believe he’s bullish on the future. I think it’s easy to pick holes whilst production is low and wax issues are being worked through but I’m hopeful once these are addressed, we will see a significant jump, we may just have to wait until Aug-Sep figures to see the turnaround.
I think the short term traders/shorters/spreadbetters are the ones who are focussed on last few months production levels, (they need negativity to try and control sentiment), if you’re in this more long term and into at least next year, you will see the production increase significantly.