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Re: tchauncy post# 9424

Thursday, 05/05/2016 12:40:40 PM

Thursday, May 05, 2016 12:40:40 PM

Post# of 25804
Thank you for a very informative post and welcome back ! Has Henc management given any indication at which price level we might see some action ? 50s or 60s ?
It's unlikely that 60+ prices will be seen soon or when it does it won't remain there for long with shale coming back in heavily at that price point. So it's interesting to know where they draw the line...
Anyway, the chances are now very low anything will happen this year, we will have to look to 2017.