Craigrussell "Ps: l must admit the downrampers have been a bit...

Craigrussell "Ps: l must admit the downrampers have been a bit quiet of late, I do miss them in a strange kind of way"

ewobs chart shows that the downtrend that existed has changed.

The lack of information on production rates no longer appears to effect the market, it has been counted by the hope that the acreage's potential could be 3 times greater than expected.

The horizontal has been delayed but with the hope that it will spud sooner rather than later has also helped the SP recover. Further delays wont be good as this is valuable cashflow that is required.

However GGP options seem doomed as I can't see many buying with the risk of losing everything. The short time frame until expiry is a massive concern. Its not that simple to expect to see a rise in the heads and the same rise in options. GGP could hit 3cents and you still wont see a move in the options.

However if your first inline at .001 you really can't lose lol.