>>>Hopefully Shell still see value in the SC and want to move forward with another well sooner rather than later or never<<<
Personally I can't see Shell deserting after one drill. This is a game of numbers and the more holes you drill the greater your chance of coming up trumps.
Let's be honest, it was a less than 50% chance but Malampaya has shown that the prospects are there.
Agreed though that management now need to step up and show some strong conviction and leadership.
I think the worst case scenario is now factored into the share price and we may get a short term bounce back to .085 - .09 at least.
Glad I didn't sink into KIK/KIKO. They are in trouble.
time for some leadership, page-3
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85.3¢ |
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Mkt cap ! $194.4M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| 1 | 1100 | 84.0¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 88.5¢ | 2424 | 1 |
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