Originally posted by vontrader
I don't recall seeing any news yet for punters to get excited about ? Did you expect the stock to rally on the back of nothing ?
When they confirm that they have spudded Vespucci 1 then it may get some love as there is action at hand
It's a bit of laugh you call us "rampers". Basically anyone who doesn't agree with you the stock is a dog, is labelled a ramper. Could you point out any unrealistic price targets anyone gave ?
From my memory, most comments here were that their current production revenuers cover their GA cost of both AUS and US, they are drilling a 100% owned well shortly and that the oil price is having a solid rally - therefore a reasonable punt ... wow shoot us down for thinking the stock may have some upside from 0.8c given the FA at hand
Its no surprise people don't bother to comment here
You still holding?
Maybe you do, but tag team buddy Christophe after a short shot burst of 12 posts SEP seems to have disappeared off the stock in Oct when OIL turned down 10%...
hence my comment, rampers, and that wasn't aimed at you, there are dozens the same . It's a revolving door of punters that come and go with same zest, only to leave when theories of $76 oil going to moon drop to $69...then no comment.
ie: waste of time analysis.
Time to be bullish oil was $30-40 when I was, not $75
most good producers have bagged or 2 since $40 oil.
I'm out when the herd starts pumping at $70 +
