re: Ann: Naga Utara-1 Well Mahakam Hilir PSC ... True the drill has commenced but given the 25 days until completion, one can wait a week or so without too much risk (unless drill equipment malfunctions) to see if there is any late influx of SP activity.
If the SP managed to move to 24-25c, I'd be happy with that before results. I don't intend to be in by result time. I'm probably a little more lenient here as I only have a small investment here. If this drill is a duster, there might be a small window of opportunity for a BOBN (Buy On Bad News) play.
Time will tell...
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