if they ever started paying a dividend though... 
i.e not averaging down. i haven't sold anything.
anyway after crunching some numbers i figured if i spent 7k i could average down to 44p. but if it only gets to 30p on a barryroe farmout then i would still be down almost 30%. which amounts to 10k give or take. whereas if it gets to 30p on my current average i will be down 75% but since it is on a lower amount - totals around 20k. so i would be risking 7,300 to earn (not lose) an extra 10k. so i think it is not worth it.
Are you tempted to average down desperate? If not why not? Just interested to know others views on this.
and again he inspires no confidence. he hasn't actually bought any shares himself. just wrote himself a great big blank cheque in the form of share options. he is no fool thats for certain. i like the comment about if he knew the oil price he would be sitting on a beach somewhere. from his tan i think he does a lot of sitting in the sun.
seriously tempted to average down here. but he still doesn't have a deal on barryroe. he can't say for certain whether he will get a deal or not and certainly can't say it will be done before year end. again he is making promises he can't keep. druid is high impact high risk target. i hope it does pay off but there is a good chance they won't.
Who believes him? Would be a relief however to finally have a deal done.