napville, page-19

Scott ,
HHHMMMMmmmmm.

Weak on Sellers bit. True story.
Would have to be a Desperate to sell now at 0.012
So buyers should be on notice.
GGE is going to get dearer.

When the penny drops and the next well is "In"
The Sell side should already be on higher ground.

Punters who have stayed the distance and averaged down
may be looking for a profit somewhere above 0.015
which is IMHO the magic number in New Money from the
Mac Bank sales.

IMHO buyers from 0.002 to 0.008 are not for real.
Cannot see any disaster on the horizon that would
bring them into play.

So 0.015 could be a balance point , Buy and stay it's
on it's way , or sell and take a small profit
and recover some OPS money.
Both buyers and sellers on the job.

Or depending on how well the "steady as she goes" approach is managed ( yes , managed ), 0.020 may be the BP.

My sell order is in, well up the tree, for 50% of the portfolio and the rest is "Wait and See"

Not advice in any manner or form.

CH$$RS R15

ZZzzzzzzzzzzzzzz