It's the gas in the turrasic I'm interested in and where the real value lies I expect
agreed. I'd have expected Pharos news by now. which means its probably not great. Still a company is not a field. I bought in for TC the deal maker,
and the slide continues.....Gong show continues.
I doubt it. Worst investment of 2014 for me
esoxesox: The oriignal flow rate predicted was 80 pbd - it doesnt need to flow any more for it to be exceptional news, it already is
yes new CPR will be much higher and still a way to go with water injection 3 years plus down the line
Go for a short though - perhaps this does need a technical correction I know some "qualitative" stock pickers operate on "it gone up quickly" etc which I am sure is always a sensible argument to do anything..... I'd personally argue that the rise is part of a broader price correction, ongoing, to bring the share price in line to the fundementals
Id advise individuals who consider a placing on the way are very ill informed. The rns re spain on its own indicates the company is more than comfortable with its operational cash flow.
Not sure technical will be particularly useful here, based on it being a correction driven by fundementals. The current share price doesnt need a correction on over bought - the current share price movement is the correction towards the fundamentals. No one is a guru who this a share might fall back after its risen 260% in the last few weeks and 100% in the last three sessions