SUR 0.00% 0.0¢ sun resources nl

$35 a barrel now. Its quite simple, survive until the oil price...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 290 Posts.
    lightbulb Created with Sketch. 2
    $35 a barrel now.
    Its quite simple, survive until the oil price turns dramatically upward , ..... or fold.
    Looking at the 10 year chart, it historically falls much further and faster than it recovers, typically taking 1-2 years to get back to some sort of recovery.
    Can this company survive that long , I doubt it.

    Congratulations Andy , wish I was in a position to blow my 94% loss.
 
watchlist Created with Sketch. Add SUR (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.