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Ann: Bambo-1 well drilling commences offshore The Gambia, page-39

  1. 562 Posts.
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    Hi sklavy101,
    Is it correct to say that there is no certainty that it is in fact Alan Gray selling down?
    I must say that I'm somewhat concerned about the price movement.. particularly today and yesterday.
    I've read 5Lfour's post which is very informative ( although I don't know what the abbreviations stand for) but just wondering whether the drillbit might give early indications of what is down there (even before reaching the first target), which might not be what FAR expected? Not suggesting any leaks but I'm sure the major shareholders (Allan Gray, Farjoy) will receive regular updates on progress and what the drillbit has shown thus far.
    I can't recall a share price dropping to this extent while drilling is underway.
    Any thoughts/comments will be welcome.
 
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