oman is pretty much a straightforward operation from what i've been told, plenty of interest and support, good upside for low outlay, no major challenges, just alot of negotiations between parties relating to exposure. the strengthening copper price breaking out of a 3 month downtrend puts further security on the whole project.
did you mean to say the 'case' in saudi?
i dont place much emphasis on it, but it is hard to deny from the chart that the market is looking at it as a pivotal event of sorts.
AUQ Price at posting:
2.6¢ Sentiment: Buy Disclosure: Held
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