boom or bust, page-18

twang,

Yeah, looks like it could be. In the first half hour today we've traded just a few hundred thousand less than were traded in the whole day yesterday, and we're down over 17%. I reckon that might be telling us that the news on Mugello is not going to be good.

If it's P&A'd then I suppose one good thing is that we can get the rig over to LP2 immediately and start getting the oil out of the ground over there. If the past few drills are any indication then we could have a result on LP2 within 3-4 weeks - and I think we are going to need it to be a very good result.

Cheers

Badfish