getting set, page-29

Hi grahamc58

Think a lot will depend on how they report next weeks market update on 138. Good chance that we may see punters looking to get themselves set for reports on primary target. So my thinking is with so much going on at the moment any sell down may get taken up just as quickly (also depends on how the over all market behaves)

We know that 330B is all but a given because of the PEO-14 mineral hole. But this also gives us about a 230% increase in oil production. (I know what your thinking with the above statement it just sounds better when you put it like that LOL)

I also think we will start seeing news filtering through on 430 i the next few weeks.

So yes i would expect a bit more volatility over the coming weeks but the one thing that sticks in my mind is that the company has mention twice now that oil production by Christmas 2009 will be 4000 barrels a day from 330 and 430. We know the production schedule and flow rates 330, so this makes me wonder, just how good is 430 and is this the reason why the SP is running at the moment?


Cheers