AOK 0.00% 0.3¢ australian oil company limited.

re: Ann: Development Update for Snake River M... i dont think...

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  1. 631 Posts.
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    re: Ann: Development Update for Snake River M... i dont think its anything sinister .... RFE shows a rise is possible in the lime.... what we are battling against is the the support at the 14c (as has been for a year) and the long term upper trend line pushing down on the 15c mark .... hence the sellers building at that point. Because of this there is a reasonable supply of seller. We have made a dent in the sellers over the last week or two , once we have the RBL facility and the news that the arbunkle wells are online/1000BOED im hoping thatll be enough to breach bout the buffer at 14c and the 15c range.
 
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