something brewing, page-7

cmon guys, oil up 3%, dow up 2%, and NDO creeps up .5c. Ooooh, must be something happening...

Maybe take a bex, and have a lie down.

The share will move - especially with (hopefully) some major sellers removed from the equation.

Once again we find ourselves in the position where a (kind of) producing oilfield is not priced in - the SP seems to be based on TIndalo producing 5000bbl/day (breakeven)

You will get your bounce as soon as the field is producing, and going to produce continuously, at least 8000bbl upwards.

Every 1000bbl/day equals 1000*.42*.$75/bbl= $30000USD/day. Which is nigh on 3million a quarter at 100% producion (see thread re storm in phillipines)

Bring it on!! (not the storm, the production!)