re: re--announcement - graham58 Hello Mr Penguin,I believe the...

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