Yep and in 2009 PL said we would drill a well in Georgia in 2010. Didn't happen till may 2011.
Hope you're right, but I can't see it. When I see statements like this...."The work program is anticipated to commence in the second half of 2013" it has PL spin all over it, keep it wooly and keep em hanging on
RMP...I guess they are trading around cash, so little downside from here.
I suspect puntland has been mothballed although the party line says not, but I've watched the puntland circus for four years now and heard endless spin to keep people hanging on. RRL can't afford it at the moment. Could see a rise later in the year if they start drilling in Georgia, but we hear little about it from RRL so again I'm not convinced on the timescales
(I'm not really painting..I have staff you know. Just thought I'd wake you up..lololol. Wasn't going to mention company name..hehe) I've had similar chats with GaryN but cheers for that on shorts. I doubt any shorts left open on BAO..but interesting chat though on SB companies protecting their own positions. Talking of that..poss mentioned to you a couple of weeks ago that IG cut me lose as I was topping up. Turned £1700 into £9k and still messed up 6 months work. ps.any thoughts RMP or too early you think?
Dont think i will buy in here until trinidad comes good. i get the feeling trini is not all it made out to be hence this merger. What makes me wonder is both companies have limited debt to develop it assets.
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