HDR hardman resources limited

The London market seems very jumpy at the moment. It appears the...

  1. Acamas
    276 Posts.
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    20/12/07
    20:50
    Post #: 3181876
    The London market seems very jumpy at the moment. It appears the market makers are very defensive and go to red immediately any news appears. Tullow issued a RNS and the sp was downed 8%. What did the RNS say Mputa4 was producing oil at around 1,000 barrels a day from a 5m layer. They would start production late in the 1st quarter of 2008. They still had more testing to do on the well. So far on an 1/2" choke they had noticed some DEPLETION after shut in

    I think the use of the word depletion sent the market makers scurrying like jack rabbits to their burrows

    Merry Xmas to you all on the beach. I do not envy you we have Fog and Frost. Well not a lot anyway
    HDR Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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