SATURN ENERGY Patience is the key here because I believe rapid debt repayment and strong growth are prove me things not tell me things. So until we get the next report with some direction I think it's going to be quite other than the price moving with oil . I also want to say that management better hold back paying themselves until they have accomplished or taken. a strong bite out of there promise.
I believe they will that's why I am here, I also like there grit in that they are re working wells with new lateral wells down old holes ! Saving money. Lots of money.
So when they hit some milestones discussed in there corporate presentation I believe we get a very meaningful bounce. Also right now there isn't a lot of liquidity with only 59 M shares. Once the warrants get exercised , fully diluted we will be 100 M shares. Now funds can take a little.
There simply aren't enough shares for a large investor to go in hard because he doesn't r sue can get stuck ? Unloading 2 million shares would take a while and no affecting the price would also factor in.
We need 4 more months or at least until end of year to get some credit for accomplishing some targets. It will take until then to actually demonstrate actual debt repayment and preformance.
Very excited. Very very excited.
Good luck all and as I always say don't take advice from me!! Thank you.
Craig