Hi guys, can't believe the sp action today. Had picked this stock to watch till I had funds but bang!!! I have now bought some. However many posters are mentioning that updates for J50 will be 'this week' or 'next week' etc. However from the last ann: "The Company is in the process of testing and cleaning up J-50 well prior to a 3 month production testing phase. The Company will announce the results of its forward program, including the sustainable production flow rate on the J-50 well, post stimulation and clean up in due course."
This would indicate a longer period of time will elapse before we know anything.
However "Initial flow rates from NWZ 2 are expected to be announced in June 2010." which is something to look forward to.
The sp has held up well towards the end of the day and augers well for tomorow.
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Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
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No. | Vol. | Price($) |
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1 | 50000 | 0.011 |
1 | 10000 | 0.010 |
1 | 369069 | 0.002 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
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0.023 | 2223 | 1 |
0.029 | 161037 | 1 |
0.032 | 100000 | 1 |
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