Well my view is ORP will see a buck in 2011. Do u want an explanation haha. I tend to look bit beyond the day or week or month trade ...... lets take it out to likely production start in a buoyant POG macro backdrop.
Agree Rogues, classic shakedown time cos "they" will be urgently seeking serious lines ahead of next positive news .... "they" likely being Indonesian and Singaporean "insto" investors backing the Singaporean insto effectively guranteeing the project financing.
THAT is the most likely scenario for mine given ours is an Indonesian play, and reckon "they" will be valuing it more accurately than "we" cos "they" will have the inside and political running. If Soeharto was still around, he too would likely be looking for a decent slice PA haha !!!
And yes I too have been buying decent lines since 4c megapivotal breakout ... but sorry, I aint no "insto" haha
IMBOOC
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