huge spud and huge director buys...

Great ST Buy and potential LT BUY IMO.

Cash in bank over 16c... daily cashflow from TUI. Total current value should be near 30c without any exploration upside.

Huge buys on market by Directors just after Premier Oil found the latest site Mid 2010 they are NOW about to SPUD. Contains over 3000bopd Oil and 8,100,000 cubic of GAS.

Now they are about to SPUD... join the dots IMO. OVER 1 MILLION DOLLARS in BUYS just as Premier Oil found the site.

At these buying levels it is a fact that Directors more than 10x more likely to outperform the market. Another 'Give me' IMO. Only a matter of time.

21-07-2010 PPP Neil Tomkinson 2,000,000 0.155 AUD310,000 BUY

21-07-2010 PPP Joshua Pitt 2,000,000 0.155 AUD310,000 BUY

21-07-2010 PPP Allan Tattersfield 2,941,407 0.155 AUD455,918 BUY

Over million bucks by very small producer speccie Directors WOW. So long ago that nobody has really noticed...we have on HC.

Cheers JAY