Yet again another night of theories which are totally irrelevant to whats really important and thats the result of tests. Who cares who is buying and who is selling if you can't prove it anyway, at this stage there have been no change in substantial shareholder notices, although we are likely to get one this week from Bronze and that will be becoming a substantial shareholder not ceasing to be one.
Anyone who thinks people are selling because its a duster is for one in fairyland and secondly don't understand the process involved.
Nobody, including those on the drill site will know what the final results of this well will be untill a zone flows oil and is tested and found to be commercial, that process could continue on untill C12-13 with up to 8 separate zones , then and only then you could say this is not going to produce.
When the well produces and it will, there will be a lot of buying followed by a lot of selling with a a likely net gain to the shareprice in the end and that will be largely dictated by the strength of the result.
Cheers Whisky
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