They are like investec - who kept saying sell 888 when they were 24p and then they went to £1.80 at one point .. Then investec said buy and quadrupled (or more) their target buy price .. Chumps and some analyst just out of uni who does not understand oilers ..
you gotta love their determination to try to get you to sell....stupid idiots....don't they know they will have to pry these shares out of my cold dead hands ....unless they pass £4 and then maybe...just maybe...i might offer them to them...lol....
Larry is doing what he said he would do. Now he needs to follow through on the other things he has said he will do and no doubt are subject to negotiation at the moment. Remember - Adonis bought another £100k last week to add to his £880k a few months back .. getting here
long distance migration is possible but it is risky and capital intensive to find out, everyone would prefer to drill reservoirs directly above those prolific source rocks we have in Walvis & Orange Basin, here is where Datarooms are full of interested companies, and where drilling will take place and further light oil will be discovered the next couple of years. Tullow O&G will drill (imo) at least two wells in 2015/16, expect an announcement next month within their Interim Management Statement ( 12 Nov)..
Is that Larry and co will make the right call. Now this northern monkey is off our back we know where the focus is ..Larry hinted at Northern and the market guessed it. He has also hinted strongly at namibia central's and southern and Morocco. Mauritania is also looking very good .. Farmouts soon - and the market is behind the curve on those ones
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