Hi guys
I would not be surprised to hear news of a drillign rig being hauled into Puntland over the next few weeks leading into the new year. After all spudding is due to start in Feb so I would imagine that they will be setting up the rig on site during January. Once that happens everyone's eyes will be focussed on RRS/AOI. The story is well known in investment circles now. I guess everybody just wants to see if the drill rig will actually arrive before they buy into it.
Anyway you would not think that it could continue much longer as there are not mnay trading days available between now and the new year with all the public holidays. So we can probably expect the downsrampers to be working overtime between now and then. Once the drill rig arrives, RRS and AOI will be re-rated IMO and these manipaulative tactics will be ineffectual.
Any thoughts
Scott
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- not much time left for manipulators
not much time left for manipulators
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