""" Logistical issues, including security concerns, have delayed the commencement of seismic operations, such that the programme will be unable to be completed prior to the expiry of the first exploration phase of the licence on 26 May 2015"""
Ok so the article is 12 months old. A valuation of 68p is something I would settle for, although right now anything above 40p would be a good start.....I do think we have built a floor and JP Morgan building a sizeable stake (over 10%) is a sign of things to come, because I believe the MMs have played with the price ever since the Lukoil deal was rubber stamped.
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