brr reply, page-6

oilman01
far be it for me to say why someone does or dosent makes an investment decision but I do believe that some people get a bit of a canning for their investment methods....melua et al.

They are looking from the outside (no or few shares) and are making their entry point on how the market will read the announcements and news of the levels of FP#1 etc. They see that the lowest interval as being problematic for VIL management and an area (120ft or part thereof) that needs fully testing before they move up.

Melua et al are taking a punt that the market will see the news of low oil flow rate as being negative and as such the shareprice will go down hence they have an opportunity of entry at posibly sub 3c. They believe that the higher levels represent the REAL play in all of the levels and as such the greatest level in SP.

So for them it is a highly refined play...buy at or below 3c on bad news and wait for higher SP based on better news at the upper levels.