RE: Wtf29 Apr 2016 22:38
garyn sums it up well and has a good track record on share tips,believe the markets thought this was a done deal,so was a shock when the rns arrived this morning,my feeling there was a dispute over the commercial terms of the deal,this project now has been pushed forward now to fourth quarter of 2016 on a decision,not really sure on share price movement short term,could drop further b4 a recovery all guess work,good value at 75p but may have to wait a while b4 any big recovery unless a bidder comes along,steadily since 2012. The main reason for this, in my view, .needs to convert these big African gas discoveries into commercial reserves which could be some way off