zipperlip,Today was the 1st day of any noteable volume in...

zipperlip,

Today was the 1st day of any noteable volume in London, with 78,000 shares traded, all buys except 1 sale of 25k at 39p, people were paying nearly 42p for stock in the morning which is over 65 cents at A$1.55 to the £.

So the AUS price is well below the UK price now (which was up 1.9% today 15/11/11)

AIM will be quiet until they get

1) 1st set of flow test results for J51 - (I do hope they release 8mm and 12mm chokes seperately)

2) Commercial production from J50 and J52 starts both domestically but more importantly internationally so that investors can see that all approvals are in place and working and the company receives the full price for its oil.

Personally AIM investors would have prefered the stock without the 15:1 consolidation, they would have gained far more interest already.

However get those 1st flow results out there (the sooner the better) and lets see how many trades go through the market then, Personally looking for 600+ on 8mm and 850+ on 12mm

If AUS price is still 57 cents on 16/11/11 then may buy a few more, I think the UK market makers (MM's) will be after some stock as well.

LOTM