Further to my previous post regarding the contract amendment dispute - I received further confirmation last evening that WPL is very close to a settlement with Mauritiania Govt. Should hear something very soon. Will see extra 25 to 30 cents (at least) on HDR share price once announcement is made.
As this becomes further known by investors/instos etc price will continue to appreciate in anticipation of settlement as well as positive testing & drilling results from Uganda.
It is still a little time away, but I think we could see a 3 in front of the share price very soon.
HDR Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held