GAme is not over, but delayed
There is an overdue drill Utopia 11H which to complete by now. It was to be their first attempt at Horizontal drilling to then frac and increase flow above current pumping levels
The market does not like the silence. We know it flooded, but they have not told us how bad
With improved communication on Utopia , and also Tanzanian updates ( Due April from memory) the SP may recover
PEP is still the key SP driver, but I dont see that happening 2011
Until then it will/may drift with new lows tested
Definitely tended to resist and bounce of 3.5 today with only small support at that level ( Say 1-2 mil)
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