Slightly strange that neither BCI or CDG share price really responded to this announcement.
If/when BCI announces the results we should see more reaction (CDG much smaller scale, not followed by the big guns).
Or do we need to wait for the drilling to back up these initial results? When the market appreciates the potential this Brazilian activity offers, both companies should shoot up a bit.
Disc: I hold BCI and CDG and bought a few more BCI on today's lows (working on the assumption that BCI needs to announce the Brazil activity given that CDG already has, and that this announcement will spark the share price)
DYOR
positive results from brazil, page-5
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