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Nothing wrong with the Captains post, he's just adding info that his opinion. At least he's not ramping, de-ramping etc... BB's are chat rooms now that's why some have premium pay areas so you don't get lots of drivel... (possibly).Jesus if you read what was on ADVFN you would see you have gazillions of lowlifes to reply to.
I was expecting a pull back like this and I'm not saying I know the bottom I just like to back the odd £2k if the opportunity arises. I have never in 20 yrs trading ever found the pefect top and bottom just happy I got a ittl out of this and still have the same amount of shares.
Could well be a pull back after this sheer climb. Also a bit worried that well 38 is now accepted in this price. if it does not come to scratch or even the same 16 the market could see it as a disappointment and scare the weak holders out to fill their boots. Still way undervalued so don't be worried if the above happens.
Credit where credit is due... thanks to the intelligent posters here giving advice and great analysis. To name but a few... bigboffer, bobbbyrash, metis20, parkez. THANKS!
There has been no P2 reserve analysis or Contingency Resource on West Rustavi but in the Norio and Satskhenisi fields Paul says... "they have taken a back seat as West Rustavi has come on strong" and adds..."Norio and Satskhenisi have P2 reserves of 1.8mil barrels and a contingency resource of 38mil barrels... but these are not as large as West Rustavi. The sidetrack of well 38 is intending to give an idea of the reserves of West Rustavi as it is the 'same well, on trend'. That could be massive news