"Ask yourself the question if normal logging takes a few days why have have the rig sat there for up 10, seems there’s more to this than meets the eye
My opinion is that rigs cost a lot of money per day to have them sitting around, they wouldn’t do it unless a) they are confident of a massive find and want to make absolutely sure, and b) they will need it for production. If the news was bad they would have demobilised by now."
RMP Price at posting:
9.8¢ Sentiment: Buy Disclosure: Held
