Very pleased to see my own holding back in the black over the past few days.
To any of those beating themselves up over missed opportunities, the volumes at the 21c and 22c lows were pretty thin, it was hard to get a bid hit. My own position started in the 70c range, and I thought we had good value then, so I still see substantial upside from here.
If Mermaid makes it past their debt concerns, which is looking increasingly likely, they will reap the up tick in exploration in a couple of years, which will look like a frenzy.
MRM Price at posting:
44.0¢ Sentiment: Buy Disclosure: Held
