re: looking good in london-uganda Hi geos,
I also often suss out HOC.A's announcements. Very few and far between! lol The best thing about them is bugger all shares on issue. Uganda will be huge for them!
Also reading the prospectus for our rights and noticed that a commitment to drill in Guyane has to be made by June 2004. I'm sure HDR will have no trouble getting a farmin as it states that they are presenting the Matamata prospect to a "limited" number of potential farmin partners and several are now reviewing the project.
What a big year we are in for. Constant drilling in Mauritania, Uganda flow results, Guyane commitment. Perhaps a well in both Gabon and Timor. Faulkland Islands and Eritrea for long term growth.
We may also get into Kenya as a thankyou from WPL ! lol.
I like the idea of taking PCL out as Mangrove suggested from memory. Even at 30 - 40 cents a share could pay big in future. Would require more capital raising though so will not happen any time soon if ever.
Cheers,
xmagx
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