cairn confirmed today that drilling is to commence in December 2014 with Kosmos
RE: Remember knowledge katti
Maybe that's why HRT are so confident about farm-ins before the end of the year.
Remember knowledge katti
He reckons a fruitful journey in Dubai UAE - ties in with his excellency Sultan bin Saeed Al Manaoori saying oil will be found (commercial) and that the UAE will assist Namibia finding it ... Cool!
Yes it is ... My teeth are aching! The UAE angle on Namibia is interesting - watch that space as those guys build towers that cost a large multiple of our market cap - we are cheap as chips to them. Morocco has to drop soon - and there are several licenses to farm out as tier 1 in addition to the Rabat with woodside. Tier 2 is what we need for the big jumps, tier 1 will add cash but tier 2 will get the market excited...still waiting for news on that new venture that cost us more than we took in cash ..
for a bit of feedback I spoke to Natalia yesterday and although she could not give anything away I am happy that when the new development is completed 100% we will be told and not until then. I get the impression if your looking for short term gains Char is not the stock for you however if you can wait 18 months IMO it will be multiple of today. Ten mins later I also spoke to BOR IR who was very complimentary about Char so although the SP is in the doldrums its a firm hold here.
fairplay...point taken...still draggin like an overdue trip to the dentist ....
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