RE: RE: RE: RE: RE: RE: ResultDont say I did not warn u I will come back when we reach 1-1.5$ in 1 or 2 months.
Regarding Heritage U have to know that they have more than 1 billion in cash and they dont know what to do with their money. So for them 30 million in PFC is nothing around 2.5% of their cash. If they really believe PFC has not massive risk they will make a takeover on them. But they dont because they know the risk is massive so they put just 2.5% of their cash just to tease a bit....
See u at 1-1.5$ and dont come to cry on my shirt when you loose all your money..... The chance of success is less than 5% and especially with the massive overruns cost their are facing on drilling. This is getting very ugly. And I ant to precise I am not a shorter just somebody who di not fall in love with a stock and look at reality.
As I advise before better to stay out of this stock and then if they report IP over 1000bpd then you can buy it. But if they cant get good flow rate it will go to 0 coz they dont have other asset.
Best