ferrets stock to watch: santos limited, page-6

Could be finding a bottom around $9.60/$9.70 - still there is a lot of uncertainty regarding costs/insurance over its share of the mud well and perceptions of poor management regariding the companys direction and with the 15% cap on foreign investment it could be a long hard grind up - looks like next support is $9 with a long term resistance at 10.80/11.00. I was trading warrants on STO from mid 2004 until it hit $13.00 and havent looked at them again until this last week. Am now long again - stop loss at $9.60 - small position to test the waters.
Could bounce up s/t but really needs clarification on costs and the definite amount of insurance cover they have for the mud well as it is possible and definitley perceived by the maket that the cover they have is about 1Billion not enuff (this is the amt the market cap has dropped since announcement ofthe old mud well) Surely theres gotta be some OIL in that mud!!!!
Cheers