Noof, I understand where you are coming from and appreciate your input also as with the other posters. I think your comments above are a good reflection of market perception and believe we also need a couple of the peers to succeed to generate some interest and confidence in the sector.
It is healthy if on a forum we all disagree on things, I learn as much from everyone else and it makes me double check things also as there is no one correct answer. We are all probably right in one way or another. I am following what I believe is a plan based on the info at hand, for the most part I have tried to prove myself wrong but to date everything appears to be slowly coming together imo, agree it can be frustrating but our numbers are largely predictable.
If our MC was above the Proactive number I would have been more concerned about the Louise result effect and my analysis would be different and similar to what you have above. Every day things change and I/we need to be prepared for the different possibilities. From following this one closely it becomes easier to spot the opportunities elsewhere so I think we all will benefit if we can apply our learnings from the past years into the future, whether here or elsewhere. GGE is a very good base to compare to if diversifying into other O&G and imo a good one to watch even if not holding.
Cheers
GGE Price at posting:
1.1¢ Sentiment: Hold Disclosure: Held
