Caspians flow rates for Mailisu#6 are due to be released soon. This should give the SP a little boost however, I do not expect to see more than a little wobble of 0.01-0.02 cents (max).
I do know that many of you are disheartend by the lack of news from Santos. However, the delay for the highly anticipated STO (phase 3) farm-in decision is less significant some may think.
The winter is holding a firm grip of the european and caucasian main land and the weathter conditions will now allow drilling activities until march/april.
I still beleave that STO will join the party for the phase 3 drilling. I have put my CIG shares on the back burner and will review the SP activity more closely around the easter break.
Meanwhile good luck to all SH: KM
CIG Price at posting:
1.3¢ Sentiment: Hold Disclosure: Held