There was a NY trader on Blooberg earlier today who was quite positive oil is on its way to $60 plus over the next few months. He said it is a demand problem and will not be overcome by the US stocking up its reserves, they just cannot beat the increasing need for oil in countries like China and India, those countries will need at least 10X's the amount they use now over the next decade!
Hardman should be in the right place at the right time, everything is going to fit in with their expected time of production in Mauritania and they may well have huge future reserves to follow from Guyane and the Faulklands...Not that they will need them just yet!
Just sit tight is my attitude!
HDR
hardman resources limited
