I suspect Boysy is working for an insto. Heres a new investment...

I suspect Boysy is working for an insto. Heres a new investment philosophy : Buy when Boysy makes the most noise :)

I bought heavily today as long term risk has decreased, after trimming down and taking profits over the last few weeks for what I considered my short and medium holdings on Nido were at too much risk. That included the approach of the Typhoon and by the way another sits of the east coast at the moment.

Considering we were on our back foot, I was expecting a 10%-25% holding on 54B, so a good result. Financial risk has been decreased on the first drill.

Very rough calc of 33% of 1 billion x say $20 profit/ barrel = $6.6 billion value in Gindara.

"Reconnection and repair of the mooring and riser system", bad , but nothing we havent been through before. Hopefully they wait until this other typhoon has passed before reconnecting.