All
Why did HDR run so hard yesterday? Any ideas? Here are mine:
1) Anticipation of the quarterly report both here and in the UK and US
2) People getting in before the drilling starts
3) Confirmation in the quarterly (that some may have known of) that the JV would approve all 6 proposed exploration wells, that Tiof estimates are large and that HDR is not farming-out their Uganda territory which they state has big potential after Heritage's drilling iof Turaco #2
4) It was my 50th birthday.
I prefer number 4 but probably it was a combination of 1, 2 and 3.
Profit-taking this morning or more of the same???
Cheers
H
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