re: louie...dana's ann. faucon I'll stay away from guessing the geology stuff but the subtle tree shaking yesterday to pick up some stock basically went unnoticed. There seems to be no signs in the marketplace that anything is wrong. Without bigger leveraged WPL players trading HDR it seems rumours are fewer and price might actually reflect the reality of this find when announced be it good or bad. Not often you see HDR trading like this.
Share price will converge on a realistic figure above where it is now after late Feb regardless on oil production and re-rating you would think so there is not a lot of downside risk to hold agains other oil stocks. I will not trade my core parcel till then or later. The worry is the gold bug that everyone has caught. Outflow of $ from the oil sector is affecting oil stocks but it may come back soon on a discovery.
HDR
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