been here before - no we haven't!, page-7

different times sav - little capital chasing calculated long term alpha - knowledgeable & unknowledgeable shorters seemingly in control - the unknowledgeable may get caught if short when the drill bit strikes - this is O&G exploration in bearish times - although meo is O&G appraisal - therein lies the difference - given current depressed prices a positive result at HS-1 may lead to a massive re-rating of meo - refer WPL comments here re CSG, shale, Africa etc etc