Good Volume today and the SP is holding above 4.5p (which is great)
I think we have reached another level of support :) - no one wants to gamble trading this at the moment at there is so much news in the pipeline (excuse the pun) and NR has learned from the previous attacks on our SP and hasn't given away the timelines :)
I still think an RNS may appear during the remainder of today, however it is looking increasingly likely that we will see one tomorrow at 07H00.
RNS Prediction - I believe NR will log this sometime late this afternoon and we will see a SP spike to over 5p The next well was completed on Monday and has been flowing for 48 hours (Tues & Wed) and is now stablised at X BOPD The last well was completed on Wednesday and open flow rates are X BOPD and it has been flowing steadily at X for the last 24 hours.
All my own opinion, I have not included the actual numbers of BOPD, as I cannot predict them, but as I have said before, if they are more than 250BOPD each I will be very happy as that demonstrates 1500 BOPD from Pad3
I wonder if NR has managed to negotiate a funding proviso into the deal for this survey that we get a period of time to analyse the findings first before it is released? I am sure that would be a fair condition seeing as we were quick to put up the lions share of the costs. Rich
I'll be sure to let you all know when the plane gets here. Due at Piarco any day now. Survey equipment arrived early last week. This FTG survey will hopefully provide very useful info on TI and Tabaquite and all the other potential acquisitions in the Southern half of Trinidad. Perhaps the stall on TI closing is due to wanting this info beforehand?
hi aston, i think everyone is just waiting fro this RNS. everything that could be said has been said already so bit like the SP today hovering around the starting SP this morning, I think an RNS will bring everyone back to like rgds
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