So long as people realise forecasting prices is pure speculation and I don't want anyone to read more into this, then here goes:
End of next week depends on how much promotion happens by TPT and brokers. Little promotion then 24-28, plenty of hype and possibly 34-38.
Then I expect it to drift on profit taking ahead of any results so:
Days prior to Assaka news 28.
Assaka any oil shows should see a spike to as high as $0.70. Good oil column $1.20 and light oil $1.50. It may settle a lot lower than these spikes as reality sets in and profits are taken.
Duster price depends on where it was pre-results so if it is 28 as in my scenario then it should settle around 18 (but could spike as low as 10-12). I don't expect a larger fall than to 18 because the main target Trident is still to come and Assaka is quite secondary and many will know the location of Tao-1 is not ideal for Assaka, but is for Trident.
DYOR everyone
H
TPT Price at posting:
25.0¢ Sentiment: Buy Disclosure: Held
