re: pem------why?
yep ... that seller is still hanging around picking off the .51's today in small parcels and trying not to attract to much attention...
one must wonder why he is selling ....
on 22/11 PEM made an annoncment re strike oil and the Ceres 1 Well. they advised that drilling would be completed within a few days, they hoped for a potential of 14m & 23m barrels of recoverable oil, there has been no announcment since.
i can tell you that on 25/11 this well was plugged and abandoned.
PEM Price at posting:
0.0¢ Sentiment: Hold Disclosure: Not Held
