This is potentially huge reward vs risk company. No one knows...

This is potentially huge reward vs risk company. No one knows where share price will be in the future (neither of us will be here if we can predict that).

Ian Davies is evaluating the best options for the company hence little drilling news. He is conserving the cash for its best use. He has very sound financial background from financial world rather than “just a manager” from a corporate world. Certainly he is more conservative than most CEOs and it helps when the opportunity arise.

Sxy time will come and you could already see that as those hedge managers are trading in and out of the stock with 1 share at times (~$0.40 each time) everyday. So the company is in their radar and they will be your best friends when the crunch time comes.

Keep accumulating and enjoy the firework in few months time.