Not logical at this stage of the game and the time left in the options.
It's the Cunningham last stand - almost all gone now that has hit the options.
But this selling pattern is one that has been repeated many times before. Niaive shareholders have paid the price before and may pay it again.
The trading halt today was a joke more designed to halt selling rather than deter buying.
A halt and hours worht of delay to report a minor additional gas find! Posters have stated how different reporting has been for Para 3#. Don't worry nothing has changed and its disappointing.
I'd say the oil and gas industry educated are not convinced of any of the gas hit news.
The only ones talking this share up are ones who hope for a short term lottery win rather than a long term project.
It appears that the in the know gas market players are not excited by any of this.
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its all good folks, page-28
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