RE:RE:RE:RE:RE:RE:Can January numbers reverse trend?!Turkey shallows covered all VLE overhead entirely. Was sold at 80%discount to appraised value in a very shady deal with close overtimes by 6 mths or so.
The only reason they survived was a $50M raid from BG for deeps expkoration that they dis not use for deeps and kept after Equinor ejected.
Now they raised an emergency $10M weeks after "no dilution"....overall very shady Canadians per usual LOL.
This is a huge gamble anyone who can't afford to lose 90% lime VLE SH did in 2018 should sell now...to me at 1.80 haha
SMlachake wrote: What a commnentary, excellently hitting all the sapranos, completely lacking in the bass. I would expect, that a reasonable investor, having found a company's management to be incopetent, would sell and move his/her investment to a better managed company. It seems a little wierd that whinning seems to have been the adopted option here. Wassana and Rokusson assets alone represent a great value for the worthless shallows sold in Turkey. Management was very clear on their strategy and they delivered. In two years, they searched and delivered two deals with minimal cash burn, sp is likely to regain its all time high when Mubby deal is closed, but you are here compalining because vessel repair is taking longer than they anticipated. Do you think they came up with the certification dates or were those given to them by the repair company? Or do you think SG is the welder and certification project manager as well? imo, it does not matter if we are at 18,000 or 24,000 today. Either of these figures demonstrates significant transformation over a difficult covid period during which some juniors collapsed. Now, like it or not, the deal is 'any time now', Q1 ends in less than a month, they will have full control of all the asserts and execute their growth plan. I don't expect that to be perfect either, that helps me sleep better at night for unlike some, I don't live in a perfect world. Bash on, but days won't stop the count, the deal will closing imo.