re: wrxsti --cue Yes toggs,
As stated I'm a believer in Jeruk, and the drill reports were good enough for me! Got back in late Thursday
on close!
All the signals are pointing to the fact that this is it!
They'll want to be doing another cap raising shortly to put back the $$$$$ reserves they had allocated for Oyong originally, as well as have the money aside to pay for the additional x4 holes drilling programme in Jeruk later in the year.
In order to do this successfully, they need the SP to be around .35c - .45c levels, so they have obviously been putting Santos under the gun to get results from this hole!
Also the indo government has been putting the pressure on Santos, as they need the figures to satisfy OPEC and the cartel, as well as the Indo economy re oil imports/exports and reserves etc.
Besides, getting back in at those levels is relatively safe, and already up Friday.
I can see a big move north for SP on Monday and Tuesday, and wouldn't be surprised to see new News before Santos Drilling Report on Thursday avo.
Time will tell all of course Toggs, but I reckon you've got to be in before it goes whoosh!
All the best.
wrxsti
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