re: re--announcement - graham58 Hello Mr Penguin,
I believe the price is quite hi at the moment but i do believe the news is also good.
* Basically Ching should be a goer ( unlikely that it won't prove up reserves & flow rate ). Which accounts for todays price. IMO
* Leafcutter & Woodada are also factored into todays price so not much more blue sky here, although oil at Leafcutter would be a bonus?
* I believe the blue sky is in the other plays in Mauritania & the exploration leases that HDR have.... any other positive strikes in Mauritania will be positive to HDR's NPV.
* Maybe some blue sky in HDR's price in the posibility of a takeover by WPL ( or other ) but i`m hoping for HDR to remain a seperate company to realise full value over time with more positive strikes in Mauritania & other prospective permits.
The above are my opinions & i am not a Financial Advisor.
Good luck
hold & have held for ages.....
Go BUY & BUYO
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