RE:CALM & PATIENCEFellas
I sent an email to Suresh asking for a reaction to the Jagdeo presser. I asked many questions. Ill let you know what, if any, response I get. In the meantime lets hang tight. We have to go down dying.
My own two cents is that the Govt will renew but with some minor adjustments and because of this pressure from a new Government, it will push the BOD to act more now than ever. They are sitting on massive derisked oilfields it would be very stupid to let it go after so many investment over the years. I think the challenge atm is getting an investment partner but the market didnt seem to react negatively today so far to the presser last Friday. This must be a good sign.
I think more than ever we will be in now for some good news soon. At the very least, they HAVE to show something within the next month so as Jim Carrey said in the Mask "Hold on to your lugnuts, it's tiiiiime for an overhaul.".
GLTA