May Chart, page-11374

Good discussion (pleasing to see). What I can ascertain is that we should all be buying between 6.2 and 6.5. Put another way - short of the world coming to an abrupt end, somewhere close to 6 cents should be the bottom. This kinda makes sense, as there was good consolidation around those levels before. 6 cents is our base case; our launch pad (etc.).

This is now a medium term hold. Buy, set, forget. Million dollar question is "Will it rally before November (PS: only 5 weeks away!) or will the A3 spud take place with the SP in this lower range?".

Should be some good news in the coming weeks regarding the field development (on the back of the A2/U1B results), and preparations for A3 spud.

Anyone who thinks AP has lost his credibility needs to get a grip. AP came out several months ago (during the Webinar) and talked about the permits for further wells (even before he knew about U1B), and has always eluded to the wider Block 9 program. I find the comments about AP on this forum a tad disturbing: it shows that you didn't read the information provided by the company or have simply chosen to ignore the information that you have been given. Yes, the SP is low - but if you disagree with the SP, then buy some for God's sake!

Kit.