the chart , page-16

Im one of those "clowns" at 1.4, trying to average down a bit. I have made a mental stance that i'll only average down if my 1.4 gets hit so i'll leave it there and cross my fingers.

The only news that can really be price sensitive and due for release is a Bongo stabilised production Ann (it is somewhat overdue as well).

VIL is a leaky ship so it is a good sign if theres a sudden buyer interest pending this release. I sort of figured that when they released the Bongo update it would have a slighly lower revised flow rate, just as thats what generally happens, possibly pushing us back to 1.4c or even 1.3c

Either way im going to put my chips on the fact that aside from a Bongo revision the only other Ann that could throw a spanner in my 1.4 plan is possibly GGP announcing a new Bullseye well (as they have bought more land and in the AGM it was stated that Q1 of '11 would see some Bullseye action). However if they did make such an Ann im not sure if our SP would move up or down as we would no doubt need to fund such an expedition and we are only just in the black at the moment and any smell of a pending CR will put some weight on our SP moving north.

That being said personally i think its just a mini P&D and we'll be back at 1.4 come Tuesday next week :)

Please note, the only reason i want it temporarily back at 1.4 is so my order gets hit. I do believe this stock will hit 2c'ish mid march during the spudding of Sidi.

My thoughts only.

Cheers!!

oh and by the time most of you back home in Oz read this, thank god its Friday! ;-)