good work NGF, thanks for the update. The weather has certainly been a problem but also the overall mood of the market. 6 weeks in the scheme of things is not great, but the most important thing is there is a lot of oil in the ground and the price of oil keeps going up. Its hard to say what will turn the price around it could be a number of things ie take over , Yarrow North, flow rates, actual production all of which could occur in the next 3 months. When the turn around does occur it will be violent as we have seen on a couple of occasions. I personaly believe this recent decline has been to someone taking profit on the 3m options that were excerised recently coupled with a poor market.
INP Price at posting:
0.0¢ Sentiment: ST Buy Disclosure: Held
