Sold 1/3 of holdings since latest pumpstation takeover.Will risk holding the rest, as the field is worth 1.5-2 billion, depending of course on the price of oil.
Will risk holding the rest longterm, as the field is worth well over 1.5 billion cdn with oil at a 70 dollar brent and assuing 100 mill recoverable and giving a valuation of $12 bo. Also of note given the tiny cap ex cost to produce each barrel, the 12 dollars a barrel is conserttive.
On the otherhand, it wouldn't take much effort for the happy jungle folk to start a well-place fire, and poof. I lose all my money.