Maverick Energy Group Ltd (MKGP)

[mike93433]

In general terms. Whats happening now is an anomaly the price of oil was expected to be in the 65 dollar range next year. This is an extreme situation bought on by a once in a lifetime (Hopefully) occurrence Covid 19. Further exacerbated by a man made crisis really instigated by two powerful individuals. In the case of both Russia and Saudi Arabia. They are hurting their countries economically in a gambit to gain market share. The Ruble is crashing. Saudi could go bankrupt as it costs much more for them to give away oil at the prices they are forcing. My point is that this is not sustainable. It really hurts everyone now but it hurts the two countries playing the most. I really don't see Putin continuing this to the point where he looses power over this gambit. Same for Saudi (MBS)

I am sure the MKGP team recognizes this and continues as planned. But it would be nice to hear it from them... All in my opinion only.