Knife’s Edge https://m.youtube.com/watch?v=saNEvl6QfOo&pp=ygUYamFnZGVvIHByZXNzIGNvbmZlcmVuY2Ug
Go to the last minute of the video. Presumably from this afternoon.
At this point, I'm genuinely scared now for my investment to become a complete bust and go towards $0.
I know some of you on this board know folks within both CGX and FEC. Please, say something to these guys if you haven't already.
I honestly have no idea how two companies, and thus the folks within, could let over 500 million barrels of potential resource go into the toilet. For bloody sale, FEC has invested over $500Mil into Guyana in the last 4 years. Would they surely let the entire license get revoked from them because they weren't willing to drill another couple wells for ~$100 million combined? Like hell, they are doing a stupid dividend and share buyback. Both will become even more of a joke if they do down another 20% because of a license being revoked.
Truly pathetic on so many fronts and disgusting it's now come to this.