Lets not forget the world is a different place now. If the government fails to move forward at pace, they might find major investment for LNG is no longer there. Would not surprise me if the majors are having a hard look at capex commitments right now
Is that it all becomes to much of an uphill battle, particularly as we must be about out of funds. The BoD may just throw the towel in. I may move some funds to Longboat who are following the same strategy and are trading under cash value, with a clean investment vehicle
"Precious metals and palladium the place to be right now . Palladium keeps going higher - new 52 week highs again ... THS benefits the most followed by SLP". #So go post on the right board DH
when some people are on the wrong side of a trade, they blame everything "usually the company" instead of themselves. Then whine about it day after day. TBH we all have options and can sell up at anytime. I'm 20k adrift, but happy to take the divi and stay invested with a min 5 Yr time horizon.
The BoD have done exactly the right thing here. We will not overpay, the idea is to add value. We are also talking to "several" vendors, so expect another opportunity to follow soon
People cannot blame Malcy, he reports what he is told by CEOs etc and does not make things up. Lots of oilers he tipped have bagged. Problem is people get greedy and forget to sell when in profit, particularly if trading. Simplest of rules.....
As usual, MMs where quick to mark it down on some very strange / small sells. Some decent buying yesterday, but SP failed to respond. Apologies, but MM actions are annoying. Come on its the 14th, so show us some love.....