If I was STO I would be looking to buy on this weakness, but I only run a small exploration company that hasn't yet got the money to take on INP, if I did I would hence my large personal holding.
T/O timing who really knows.
One would think that Talbot should be buying more, he normally like 19.9%.
I wish the share were higher to, been buying more as cash comes available but as yet no major upward tick.
Talked at length with the SA Pet Department on Friday and hold great confidence in the INP oil field and a greater understanding on the reason for the environmental delays, but production is coming and let hope its not 1,000 by mid 2008 but say 2,500 bopd plus.
Hear from you later
cheers
PC43
PS
Going on holiday on Wednesday for two weeks and will most likley be out of mobile and internet coverage.
INP Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held