Harsh environments?? The last drilling campaign had less down time than one would expect in the North Sea!!! Re charts, rkh appear to have bottomed out and looks bullish at present for a rise early next week IMO.
Ive been following rkh for a long time now.im a little too impatient to wait over 5 years goodluck to those who have that strategy.its been trading in this 120 to 150 range for a while now .im surevery chartists can give their opinion on the dirc tion over the next 6 months . I wouldnt like to call this the bottom definately though as i could see it falling to £1 its just so long to first oil and with the harsh geographical enviroment delays will come as no surprise.
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