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si, as you say there are deffinitely traders here. but anyone selling at these levels is seriously risking a sudden and steep move north,which could happen any day now. we all know what we've bought into here.it's only a matter of time and not longnow.
just a thought re total oil recoverable, if towards the end of life of well, canarvon were to utilise co2 injection methods,this is proven to considerably increase the nos. of otherwise irrecoverable bopd ,from inaccessable areas that conventional methods can't reach. the benefits are threefold i.e.increased oil production,carbon credits which could be substantial ,also it would open up the co.adv. to a whole army of new investors who won't or can't invest infossil fuels. we could be carbon neutral in other words. any way it won't be long now before todavs s.p. is left behind.glta
cos very often need three or four attempts before stabilising new highs. i do think the next attempt will stick. however there will always be some profit takers along the way,thats the nature of the game. but the trend is definately up. good luck to them ,i haven't got the b....s! the spreads don't work for me. i'm for the longer term and the more certain rewards' glta.
metalhead, thanks for causing me to re-read todays rns. you might have saved me a few bob! there's no major buyer after all but on the plus side there's no major seller either. i agree with you re align. we really need some good news now.g.l. and thanks again sfaff.
best news for many a long day . seriously considering adding more now.this gives serious credibility to the co. now. cheered me up no end! perhaps we'll get an rns soon re avonmouth and burwelll , or even png? glta