No problem, I'm mainly trading these days and try to make my money work as effectively as possible (not that it has been recently!), plus you can't be in everything that looks a good price. I may well consider it in the future - it would be a smaller amount for me because of the risk and I've mainly avoided explorers recently as often the odds of a big pay-off aren't worth the risk. Whilst one or two of the shares I'll cover will be ones I hold (a couple of my longer term holdings that i still keep and which i think are currently at a good price, such as BLVN around current levels or XEL in the mid-90s which I've covered recently) I would generally avoid mentioning any share that I'd just bought into as to me that wouldn't be very ethical. Just my way of doing things though. With regards the seismics, I probably could have worded that slightly better! ATB
Good article and certainly worthy. personally i don't think they will shoot 2d on Dharoor yet, horn don't have the cash and think they will try to use the two drills on nugaal for this phase. A well to be drilled will cost rmp $4million for 20% interest. horn will have to pay $12million per well for 60%. Rmp could afford two drills now but require a buffer and working capital. next step is to watch horn as they are very low on cash. think they have a chance of farming down Dharoor but not nugaal.
Hi linton. have my holding here, small holding in rrl, edr and gwmo that i didn't sell in august at 1.35p. xel looks solid enough just struggle to see the big upside like the tiddlers ...defo a steady share
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