Hi monogram1962I must not have put it properly before....

Hi monogram1962

I must not have put it properly before.
Yesterdays announcement was a brilliant start. But until the market gets all the nuts and bolts its hard to put a value to it.
Things we need to find out are: what the API is, how good is the porosity, what do the wirer logs look like, how does it flow and how big is the reserve now and so on.
And this is why the market not buying it up at the moment.
Me personally I have great confidence in the management and in the projects. But what i was trying to suggest was until all the info is out to the market we wont get the big moves and that being the case and answering the question you posted is why i said Medium Hold is required. If you are prepare to wait for that info and trust the management as i do then its a great buy.

Hope that clears it up


Cheers