MMR 0.00% 0.4¢ mec resources limited

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  1. 3,746 Posts.
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    Agree blackphantom - disappointment all round, but hope not too much despair.

    Let's give the guys a few weeks break but after that, what can we expect:

    1) plans for 3D seismics?
    2) applications for next round of drill(s)?
    3) any funding updates, e.g. what of Advent IPO?

    Can't believe just how despondent some posters appear to be. Am predicting a bigger year for PEP11 stocks based on the funding for the second drill(s), lead time they have for planning and their 85% control. Don't expect environment approvals will be an issue.

    Downside is waiting for news and knowing the next assault is many months off, though interest should build once folk get over their blues of NSC-1 and we start hearing about plans for 2011. Anyone writing off MMR now is either deluded or looking for cheaper entry price IMO.
 
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