Yeah gasman, if the news is good, I think we will gap to a dollar, then some profit taking then back to 1.00 to 1.30....... Beyond this the production drilling will send the stock higher, but mate I think pbr will float over their drill rig within a month of good news and begin.
Also, If there is good news on this drill and meo sitting cheaply at 1.00, don't be surprised that woodside/ chevron, who are looking very closely at this nearby, go for meo, their share of the project next door, free carry on future drills, ntp68 4 tcfs, 130m in cash etc...
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how will positive news be announced?, page-18
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