I don't believe it is odd. IMO it is the result of trying to get the ship flying by a few hapless traders but is has stalled. There is nothing to sustain the previous rise from 5 cents to 13 cents so the drop is expected. Now the question is how much will the SP retreat and when should a longer term investor start to invest. Do we wait and see the first set of drilling results come out or take a punt early.
Does anyone have a timetable on the drilling, when is the rig expected on-site as I think it was mentioned that the first set of results are due late Oct/Nov which is vague ?
I don't believe it is odd. IMO it is the result of trying to get...
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