The way Louie sees it.
I reckon that hdr is at fire sale price for today only and the price will creep up in anticipation of next Tuesdays positive Ann. Then Thon is supposedly the lowest Risk drill of this program which means 5 out of 6 (if you count Carbine as a failure, I do.) Cliffhead drills are now uderway, we might get a nice surprise there to fund future offshore drilling and then there's next years 6 month drilling program in Mauritania that starts around Feb.
It's anyone's guess what the share price will be this time next year...but feel free to have a dig???
HDR Price at posting:
0.0¢ Sentiment: None Disclosure: Held