How have you found the demand for mining equipment over the past 6 months or so Andy?
Back to PEP11, the biggest reason that i was only prepared to send a small percentage of profit down the hole was actually a contrarian view on one of the ramping points used by the group. They mentioned over and over the fact that globules of oil and bubbles of gas were often found within the prospect. Stratigraphic traps do appear to exist when looking at the seismic lines but if seepage occurs at the seabed, it stands to reason that the traps have been breached.
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