RE:BeautifulOn IV there is a link about the future of investment in turkey becoming harder to do. It’s worth a look for anyone who has money in VLE. There are a few reasons why we should not stop and worry about everything too much...
1) We have already succeeded! Since late nov we are sitting in a much better position and many have done very well off of it. There is still a ways to go for full value but our current gains have all occurred through what is considered to be an unstable Turkey.
2) management has done a great job. Is with Statoil have established great deals with the government to produce and drill the oil in the basin without negative government interference. A proven history of success and are handling progress well.
3) BCGA. The fact that this exists in the ground is huge. We happen to be located next to great infrastructure and in a country that is in great need of energy! Despite geopolitical risk, we are mostly seeing the side of the US. Russia, China, STO and Turkey itself would benefit from buying us out and managing the basin to their liking.
im happy I can still get some cheaper shares but I’m growing impatient at seeing this succeed to the level it really should be at. It’s not far off...