I got this information PRECISELY from a Dana Employee who specifically work with the geologists. Its up to you guys to believe it or not. I really don't care. I just wanted to put some correct info up. This board is full of speculation about what Parkmead and Dana are going to do, constantly asking why they haven't revealed the data on Pharos. NOW you all know why.
I don't think it makes any real difference, oil will still be the golden goose whoever is in power. When I was out walking the dogs last wednesady night in the gardens/carparking at the back of Charlotte Square, our First Minister drove in ( he lives in the National Trust House there) and we had a brief chat about the poond etc, he thought my idea of joining the US Dollar was as mad as the idea of becoming a US State, but he said he has a couple of tricks up his sleeve. I'm sure that he has! He did however acknowledge that some sort of link with t he USD does make sense as our largest export- oil- is priced in USD. Go for it School Bulllies. I stay in Glenfinlas St, Edinburgh, when I am there.
Good to see some large buys last week. Having had a look at the Charles Stanley analysis, I wonder whether the market is being held back by the big funding requirements that have not yet been clarified? As previously mentioned PMG's share of costs for Davaar is £602.5 million. Once the market can see where that is coming from, I hope we'll make some real progress.
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