RE:World Energy Capital Assembly 3-4 December 2018, London, UKThanks for this Chreca, that is very interesting indeed.
I also think that the reason that STO is being so mum on the Thrace is an effort to keep knowledge of the play to a minimum as they will be a likely buyer if it gets de-risked.
Mkt-wise, I really wish I sold back when Sean said there would be no news until end of Q3! That said, I can't imagine selling now if you've been hanging around like most of us have waiting for news, that's the part that has me scratching my head. It seems too easy to say that it is the Institutional guys pushing the price down just trying to get stock cheap, I don't buy that either.
Lastly, with the company that Erdogan has been keeping the past couple of weeks, I would say political risk has been cut in half, wrt him being a crazed dictator. At this point, a financial crisis is the only country risk factor at play and I believe that has lessened in the past two weeks as well, although the curremcy isn't reflecting that. As we sit at fresh lows I must say I'm a bit worried that there is something else pushing prices lower.
No way will I sell, I'm just a bit worried and wondering wtf is going on....
Have a good weekend everybody.
CM