Ann: Petroleum Production Licence issued, page-73

Hi Nav,

Yes and no.

If you look back at the last 4 or 5 announcements the sp has dropped everytime..

Ive said it before the market only wants a partner.

Some smart cookies brought at 10 and sold at 20. Nice work for two weeks holding.

The same thing happened on the build up to the prms announcement, smart people brought at 10 and sold at 40, nice for 3 weeks holding.

I couldn't understand why people were selling heavily on both occasions but these guys are clever and know the next announcement of significance is a while away yet, so they sell immediately on the news no matter how good the news is.

At prms announcement similar comments here said the market needs time to wake up to the stock. Let's see if it wakes up this time now the smart cookies are gone with there money to some other stock.