Genel's Morocco SM-1 well was expected to take 60-90 days. We are at Day 75 so shouldn't be long now. Not sure what depths the 3 targets are at? Also, the first well in Poland of the trio announced should be just about at TD with testing complete by end of the month if they find anything that seems worthwhile. Be nice to get some good news to keep our peckers up!
Its looking more likely that they were buys on friday with one of them re-ordered on a discount....not the biggest buys but im sure £390K 's worth were not all in free float thus they had to fill somehow thus contributed to the decline and unusal spreads we were seeing ....and quite a few AA trades were reported to probably help fill these orders..
Also on another point...Serica has had a few chunky buys (over the norm) over the past few days.......maybe Morocco drill is doing well......just a thought...GLA
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