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04/07/16
19:57
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WestC,
I do take your point - re industry activity and MRM future outlook.
I guess the rally in OP was primarily responsible for MRM's share price gains .......
im with AHS - it will take 12-18 months before we see a substantial inc in any offshore development / exploration work for mermaid.
I am strongly of the opinion that our supply of oil is not infinite......
I do agree that available "resources" are very (very) large......but the RATE at which it can be extracted is limited..........
welcome to the "cycle" I guess ??
rgds
V_H
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