I really cant see them undertaking anything military given the now large American involvement in these drills. The only way Argentina will ever get a share of oil in the Falklands is by negotiation, best they start now and offer up all the service facilities which Aberdeen offers to the North Sea.
Regarding the share price, many seem to think it's a given that it will go up, if that was the case we would all have our mortgages on it. Before RKH hit with Sealion their share price was very similar to what FOGL's is now in what were also very different times for AIM investment. Given the current oil price and general discontent of many investors towards AIM, it will take some extraordinary drill results to see a Rockhopper type rise, this doesn't mean to say good money won't be made but an element of realism needs to prevail.
Nothing to worry about yet, just the tree shaking before the results. PMO are slightly up today and rockhopper are steady so no news has been leaked (as expected). There's probably at least a week to go before RNS remember
Datafeed and UK data supplied by NBTrader and Digital Look.
While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.