Paul Curtis 5% holding18 Feb 2014 15:31
Been in here a long time along with Mr Curtis and similarily averaged down. That accounts for 13 million of these, along with a tidy loss !!. So fair value is 13p and steps in place to build from this baseline. Drill Rig booked prior to end of year is the key, or else another asset will disappear after gaining a 1 year extension.
FPM, SQZ, BLVN, TPL all savaged so TRAP is not on its own. To much in to average down anymore on all of them !!
Uplift to 13/14p will see a fair bit of unloading, if it happens, from a few of us