The tiny Irish stock on the brink of landing 'the first' post-sanction oil deal in Iraq. Ref 'Fleet Street Letter' 12-04-04..

thanks for the hangover cures guys, it is 10.18pm here, so I've gone for the old "Curry" cure, I had my company Xmas bash last night, hence the hangover, loads of Turkey left over, as we put on a spread for 40 people, Turkey curry just went down a treat, and starting to feel better already. Sandrew the peanut one was interesting, I'm sure I'll have another chance to use that one before Christmas!!!Sorry not over in Newquay, am off to Fukuoka for New Year, and then Hokkaido for skiing later in January.

I wish all of you PET holders well, as I'm out until after they announce the 1st two tenders, but will be looking to get back in before Sudan, etc in January.

good luck to all of you, and hope whatever happens you guys have a great Christmas


Tokyo

You too!

It is not normal for companies to issue RNS statements without any information.

from DH so their you have it even though pet was seeking immediate clarification over the weekend

HOWS THE HEAD TOKYO????.

this e-mail that some posters have recieved from DH, i would have thought the info. in it would warrant an RNS because it contains clarification about the awards, to the extent the IOM have said no awards have been made as yet.
was it not in the RNS re. press speculation that PET were seeking clarification from the OIM?.

i`m out at the moment, but watching it petrel like a hawk!!
dexter

I THINK ALTHOUGH THE 2 LOST TENDERS ARE NOW PRICED IN, I STILL THINK WHEN IT IS CONFIRMED THERE WILL BE A SHORT TERM REACTION TO THE DOWNSIDE TO ABOUT 20 TO 25 PENCE.
THATS WHEN YOU WILL LIKELY SEE ME AND THE LIKES OF TOKYO AND OTHERS MOVE BACK IN.

WE ARE NOW TOUCHING THE INTRA DAY LOW .THE SELLING PRESSURE IS GETTING EXTREME,AS STOPLOSSES ARE BEING TRIGGERERD.

profitking,
I would go back in at 20p ish and then top-slice during the buld -up to Sudan, Block 6 etc.. This way it would give me a cushion if the same happened as is now. I was lucky to be in this position this time, i think it is always best, however tempting to keep on adding, to give some breathing space with such a volitile stock.
Dexter

there are stocks around with better prospects than this shitheap and there only 10p

Dave, you have done well again with this.

Speculation is that it could run sub 10pence or even back to 2 p which was the original start price.

Where do you anticipate bailing with your short?

drunker50,
would you care to name some.......please.
dexter

There starting to put the squeeze on now ..

Tokyo...didn't I tell you 2 days ago to bail out...as there is no hope...and you denied it then...tell ya

Watching dave.

Attaboy!!

Looks like a long drop.................

Where it goes nobody knows!

Sw i mite call it in at 34.

Mmmmm. 31 and a few bits now!

Bit of a distraction for you dave, I thought you only dealt in paper.

Dave, it's not going to hold, sub 30 shortly.

As a rule yes,new to this side,but good fun.

I'll email later, looks like someone is trying to support at 30 now!