Given Drilling is likely to be around 2months away, I would be more than surprised if people started positioning just yet, especially with the day to day nature of the unfolding events in the Eurozone and US.
Fortunately penny-dreadful?s like GNI can fall back on their (lack of) liquidity during these global sell-offs, and could well escape unscathed.
Oh and welcome to the GNI club fryup, Enjoy your stay!
GNI Price at posting:
2.3¢ Sentiment: Hold Disclosure: Held