["Ive been castigated for empowering the shorts by exaggerating their prominance. But my contention is, has been and will be that they can steer the PPS where they want, at their beckoning. A SD will check that ability, but they wont go away"]
Since it was me who did the scolding let me add a few things here:
1) After Netflix and Herbal life, I believe even less in this short invincibility then before.
2) Why would they? Even a half decent deal:
- De-risks the project to a large extent
- Sets the clock ticking to monetization
- Provides funds for exploration on a much bigger scale, with the potential of more Antelope size finds, there are 10-12 possible reefs out there to be drilled.
So humor me, what exactly would be the downside after a deal?
Given that there basically is little to no downside after a half decent deal, what would be the risk-reward?
In your universe, bert, the shorts are not only all powerful, they're equally phenomenally irrational.
Unless you, or anyone comes up with any half decent arguments, I'm afraid you're wrong on both counts. We're creating some kind of bogeyman here.
Unless that bogeyman is Australia Inc., I fear we're dealing with phantasms here.
And if you really believe that the shorts are that powerful, then why are you long? That boggles my mind, to be honest, but maybe that's just me.
Since it was me who did the scolding let me add a few things here:
1) After Netflix and Herbal life, I believe even less in this short invincibility then before.
2) Why would they? Even a half decent deal:
- De-risks the project to a large extent
- Sets the clock ticking to monetization
- Provides funds for exploration on a much bigger scale, with the potential of more Antelope size finds, there are 10-12 possible reefs out there to be drilled.
So humor me, what exactly would be the downside after a deal?
Given that there basically is little to no downside after a half decent deal, what would be the risk-reward?
In your universe, bert, the shorts are not only all powerful, they're equally phenomenally irrational.
Unless you, or anyone comes up with any half decent arguments, I'm afraid you're wrong on both counts. We're creating some kind of bogeyman here.
Unless that bogeyman is Australia Inc., I fear we're dealing with phantasms here.
And if you really believe that the shorts are that powerful, then why are you long? That boggles my mind, to be honest, but maybe that's just me.