Find it hard to buy into article below . He's tipped it far higher than 105 and, according to his sources drilling on latest blob was apparently going well, which as we all know is far from the truth (actually it was awful as they hit resistance at half way depth)
Once more we get news tomorrow and volume remains light
Fed up..
So much for 'drilling rumoured to be going well'
It's a stream of plugged efforts
Clearly they have made a lot of poor judgements here and clear why nob
wow - given we are due interim results and drilling results of one of our major assets - volume is ridiculously light..
is this things ever going to get going
I think alot now depends on the success at WK2.
the sale is disspointing. I dont think there can be anyone who can think otherwise. They put themselves up and nobody felt they were worth a punt.
Perhaps alot in the industry (corporate players) feel that the Thai assets (where all the perceived value lies) is either dry (unlikely) or not accessable for commercial use - which is more lilkey.
if WK2 turns out to be a commercail non starter this will go below a pound.
i actually think that the NK1 abandoned well was the prime reason for the huge drop actuallly... there was alot of anticaption prior to those results.
Fingers crossed something positive comes out of this.
agree Bobo - this is where alot of the value lies.
this could get interesting with all the bid speculation.. i'm tempted to load up.
nice to see they are cracking on with exploration
not sure about that.
pre offcial sale notice from SMDR share price ticked up for about 10 days 4% a day on avg volume.
same could be happening in reverse if there has been a similar leak
back into a medium (As opposed to short) term play with this now i reckon.
after the partial sale of assets go through lets hope for some good news on exploration...