Ann: Cyrene-1 Daily Drilling Report for 24 Januar, page-10

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  1. 6,736 Posts.
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    re: Ann: Cyrene-1 Daily Drilling Report for 2... I figure why sell now?

    I've held since listing and have averaged down a few times but I'm still substantially in the red.

    Before the acquisition of the Canning assets we were staring down the real risk of going belly up so I'd just about written my investment off.

    As a result I figure that with the drilling going on now and in the next few months why not take a punt and hope they hit some sweet oil to boost the share price.

    If they do then I might take some money off the table. I'd rather hold than fold.
 
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