Agreed. Some are getting carried away with their certainty its good news. I have been saying since last week that a duster is entirely possible and it remains so. We can read the tea leaves on when announcements are made, the wording and the possible implications but the reality is that there a many possible scenarios for the TH then suspension and they are not all positive.
IF the news is that they have found a gusher then the talk of a takeover by Galp will not be misplaced as they will want to get beyond 50% and I would assume the Moroccans won't be selling their share!
Let's wait and see.
H
TPT Price at posting:
13.0¢ Sentiment: Buy Disclosure: Held