I think most people don't believe it will be 30c.. If you look at the MEO thread, many think it will rise to $1, however if the market expects A1 to be drilled next month, why wouldn't these people buy the ample stock for sale at 50c.. I think we aren't that far off pre-spud prices now. In fact it is possible they will fall.
sell to a weak buy side, page-2
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