Nighthawk26 Oct 2011 10:12
Glad I got out of these over a year ago. Hope you didn't lose too much if you stayed in. Perhaps PPA will go the same way, maybe they won't. I am hanging on for RRL and Solo, but I do think Solo may be a damp squib and could take a long time to realise a good SP. It's hard to tell, but if Tullow strike later on, the upside is good, possibly 3 - 5p maybe (currently .67ish), but this is just a guess as it depends on flow rate for the current Ausable 5 well, etc. If that shows 1.5p and Tullow strike, the 1.5 could be a platform for the rise, if not, and the flow rate is poor, it may not even crack 1p in which case a Tullow find may only knock it up another penny or so. RRL is tough to guess. Good Old BMD suggested 50p on Spud of Puntland (under 10p now), and a strike in Puntland (Somalia, with all those Pesky Pirates), along with a Georgie strike could see (according to BMD) 4-500p....taken with a bucket of salt! 100p maybe, but it would give me 12K at 100p.