co2 injection by november 2012, page-16

I know folks are going to get all caught around the wheel of past performance, missed deadlines, undelivered promises and the current price.

Its a natural thing to do, its been a rocky road . Anything approaching optimism is going to be referred back to the fear and loathing. Things change though, when the price rises spirits rise , new things get looked at , old things are forgotten. The more the price rises the more memories fade and expectations rise. By the time it gets to 95c the past will be forgotten completely, by the time it gets to 60c it will be toot toot and there will be 10 times more posters here.

As some point in the next 2 years probably 1 year the first and most likely the second milestone will come and go, the narrative will change, then all the other stuff will come into play, EORGAS is a brilliant idea, and gas injection and generator method that works independently from the cost of a pipeline, the other projects all have solid prospects (some are riskier than others), cash flow and profit free them to follow their Denbury mimic strategy, the price will change the mood and then peoples judgement . The trick IMO is not have your judgement changed in any way by price or mood.

Its all about either an investors or entrepreneurs mindset, the investor looks at price and return , the later is about building something substantial , this strategy is built into all their presentations, but the only ones who listen at this stage is themselves, eventually this time will pass, fast forward to 12-24 months away and everyone will listen, hope and expectation will take the place of the fear that the few of us only want to discuss today.