RE:Realistic ExpectationsAppreciate hearing your opinion practicalguy.
I am with you and not derisking before the Indo results even though this is a 15% of portfolio position for me and I know I should derisk.
Junior explorecos with big upside and low downside just do not exist anymore, and I am willing to risk it with this as my cost is below market and we may hit more Thai wells anyways even if Indo misses. And I really like management. They run a cheap operation, think like shareholders and have a lot of skin in the game.
GLTA, it has been a looong wait......