Rumours and factsLike many of my fellow shareholders I am currently disappointed with the significant decline in PIPE and PIPE.wt trading prices. The oil and gas sector has not been receiving any love from investors for the past couple of years.
On a positive note though, we still have a world-class resource just waiting to be exploited and significant production and revenues on the way by the end of this calendar year.
I have been averaging down and adding to my position as I believe we have a highly educated and experienced management team at PIPE that will execute their production plans on time and budget later this year.
This low period is the equivalent of a mother's child growing in the womb gents. By Christmas we will be welcoming a beautiful baby that will bring us happiness and joy!