Four possibilities IMO.
1.Rig proven incapable of completing job and told to go home, which would be a major announcement.
2. They recommenced drilling and have had a positive result which happened before FAR had a chance to announce the recommencement.
3. An additional well to be drilled. Perhaps the buried Hills prospect.
4. The report re testing was correct and they have a find.
More likely to be bad news than good IMO as a simple increase in maintenance time wouldn't require a trading halt. Only a gut feeling. We might need to wait longer for a result. I'm holding until they complete their Senegal campaign. Good luck to all. Especially the long termers.
Ann: Trading Halt, page-59
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49.5¢ |
Change
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Mkt cap ! $45.74M | |||
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| Price($) | Vol. | No. |
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