RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Kawa Well No bows until the well lands, is a success and the stock rallies appropriately....at which time I'll likely sale half my shares into strong volume and ride the rest into their next well.
And if this well does fail...I'll continue sitting on my shares into the next swing of the bat (next well).
Until then, risk is on.
Also, Guyana is likely going to have a lease sale in Q3 2022...so pressure will be on CGXEF to drill their well or lose the Demerara lease. It would be a huge political risk for the current administration to give them another extension. Too many companies want a piece of the action.