Just Me Thinking Aloud7 Oct 2020 07:30
As always some excellent comments and thoughts from CawCaw....Think we all agree Art is Art and currently will never change his ability to provide aaccurate and timely operational updates on RNS's. Again we all agree out of his hands and all dowm to Essar to formally be given PSC extension. All know through years of experince as PI's and those of us in the E&P worls, its the contents and grammar and meaning of the RNS that will affect our SP. I would hope that COPL's Nomad et al, would advise best course of action when releasing the RNS's in stages, ie PSC, Drilling programme other potential ventures, Moz etc etc. To give teh market time to digest and allow the SP to be placed where it should be and liklewise SP rise on Spud, Well Testing, Test Prodcution and then Production. We could all guess and from previous experience where we individually think SP should be at each stage of news release. But all news relases can and are different from one to another. As long as we get the news in stages, I will be a pretty happy chappy with where ever the SP end up at and so will many that have been here forever and a day. GLA and hang on in there !!