Absolutely agree, good oil guy.
With regard to Alan Stein, I also think that he wouldn't want or need the criticism that would come his way with regard to his stewardship within Neon (from 40+c to 3c) and Buccaneer which he abandoned after bankruptcy proceedings commenced.
Somebody was chasing the shares hard today and other than the Alan Stein abandonment (which wasn't really a market mover), there was nothing else in the announcement to cause a 20% rise. The oil price continues to firm and recent ups and downs have occurred on low volumes - some market manipulation IMHO.
Today the price rise was accompanied by VOLUME - 1.5 million so it looks more real and sustainable.
No CR required by my reading of the financials !
A day for the true believers !
Ann: Update on S 203D Notice and Northern Gulf Dispute, page-4
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