why is everbody selling, page-4

They let out which block we are looking at today.

We know what sort of $$ we are looking at as well for them (although MS's terminology was $100M per well from memory...)

The blocks 17-18 directly tie in with a refinery via Sinopec (Chinese Oilers).

What we don't know is the % we are looking at.

It all looks incredibly good to me!

I've held through all the delays, and while there have been delays in the oil they have not been sitting on their hands!

There is now a better minerals play and great diamond resources.

One small advantage out of this; the longtermers that continue to hold will hold to the bitter end now, the chart looks horrible so unless you are shorting via CFDs there is no longer any incentive to buy in, share price will likely continue to drift lower until there is an announcement. This will hopefully dry up some of the volume and make the stock more illiquid.

Wishful thinking maybe...

All the best.