Drilling ready to start early October(around the 2nd), had difficulty getting a rig because all the oil plays have turned to the mainland after the BP dramas.
If oil prices continue upwards should see a break out soon and I hope for the price to reach 30 - 40 cents Options could be worth 12 - 15 cents
Tnp - have already put the cash aside for the drilling and maybe we will see some capital raising and free options at a much higher price - just my thoughts
Half a cent up today was nothing if we compare the time we have been waiting for spud.. there is very bight future we can see at the end of the tunnel. The train is start getting out from the station and full speed ahead shortly. We should hold it tight and not jumping out from the train before we reach the destination.
Good luck to all
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