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Petrel Resources - moderated discussion/research part II
Markqi - Thu, 28 Dec 06 :
Yes, there are no certainty. that is absolutely right.
So what you all shall think more about what if
1. PET does not get a signle PSA within 6 months after HCL is passed
or
2. PET never get a single PSA from anywhere
or
3. PET get a PSA after HCL is passed, but it takes another 12 months, say 2008, during this 12 month, PET share stumble to 30p- or remain 30-40p etc.
or
4 PET get a PSA after HCL is passed, but the terms of PSA is not very favour in PET. it is just rubbish contract.
for each situation, what you will do?
think negatively always rather than think fictionally about how high share price will fly.
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