GulfSlope Energy Inc (GSPE)

[spec machine]

A little tiny bid, a bigger ASK

They’d look better 1:1

Any way you dice it, the next move will require financing

And maybe it’s just me

But my FBI vocal stress analyzer (bullshit detector) just about throws a giggle fit when the talking heads start over emphasizing how “the banking system is just fine”

… just a few bad eggs

Nothing to worry about… move on

But…. The physics of the monetary disruption can’t be ignored

There is a price to be paid, it’s probably going to get ugly

GSPE will be (back) in a safe zone the minute they execute a contract to proceed towards production

Chart of the day, look at the wild ride for Henry Hub Natural Gas on a 5yr chart

Gas is quick and gas is easy (to find and produce)

Gas is probably going to stay on the cheaper end despite the ramping of LNG exports

spec