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Haha, well it’s going to be choppy waters for some time as far as I can see due to the global selloff we are witnessing, this could perhaps be squeezed a little more but I can’t see much, I picked some up today and am happy to ride the gamble of oil exploration. Unless the word ends with this virus - then of course all bets are off ! :-)
Londonwhale,
People tend to be suspicious by nature. Just the way humans are. Good to see you're still about. We could all do with a whale right now ;)
Why would you want a farm-in now? They have a rig to drill, accepting a farm in at this stage and price would only serve to dilute us all out of the picture, the ideal time for a farm in is when we hit oil and are in a position of power to negotiate best terms, as it stands, in my opinion a farm in would be the very worst thing that could happen now but please put me right with your thoughts on the matter.
Why are people always so suspicious of late reported trades? Do you know why they are late? Because the order was of a size that needed to be broken into separate sizes to get filled. Nothing suspicious at all just usual liquidity vs demand stuff? Often times what you are seeing is the UT anyway - reported, as it would be, after the closing auction.
Farm in is in the frame AND for those mutiong the silly idea that this virus bloodbath will cause them to pull out thats nonsense. The deal was provisional on ea approval thats it. No changing of minds or terms, been a long negotiation and so its on the table been agreed ( once ea granted ) there will be no Force majeure here save the usual of bankruptcy and fraud. This is happening folks my additional 400k shares today and me are sure of it.lol
Keith.
My thoughts exactly.
So FARMIN in the frame behind the scenes and those in the know positioning accordingly?
late reported 3 mill plus
late reported -3 mill
back to exclusivity games methinks