.

well done RF and others, hope you make a bit of profit but I've never seen a gas find go megga bucks.,.

Cove did....and this looks like an equal to that East Africa play.....and proves a massive hydrocarbon system is here !......from now on every drill could hit something.....proven play is the name of the game.....if the sp drops on opening : jump in with both feet.....it should go up by 20p.....perhaps more...

RF - you obviously didn't read my post (1903) first thing this morning (from dubai!) which beat you to the punch

for sure sp will surge this morning, but how large a rise that can be maintained remains to be seen ...... would hope there is a knock-on effect on RKH, even if they are in NB and have found the "real thing" rather than gas

Looks like the sp is done....thought so.....can't see the wood for the trees...

where is the bid at? cant get a quote?

In permanent auction atm it seems.

In auction.....to me this an excellent result, but to the market...?...

So it only found gas but no oil...

The market wanted oil. 61p to sell atm.

hope you haven't got burnt too much rf.,.

just goes to show that none of us knows diddlysquat! ...... along with everyone else, i thought sp would surge, but it is clearly Australian!

Picked up some more......market is wrong : this is a good result with everything to play for....I thought it would drop because this country is nuts anyway.....but now when the real value emerges....the sp will recover for Scotia......you can't win.... probably a commercial gas discovery in large quantities and the sp drops with a now proven system....nuts...

"market is wrong".........that's a brave call rf. A bit like betting against 'the House' at the casino!

oh dear :(

It's a disappointing RNS... that's all.

Now the sp is recovering....like I said....

Get a life hyleo....

i also think the market has it got it wrong and have bought a smallish amount at 65.25 ...... if the market is indeed wrong in its interpretation, then i'll make a few beans, and if the market is right, then the reverse, but risk/reward at this level look ok to me

This is going to climb Cynic ahead of Scotia.....going to very, very interesting from now on....

Those that sell or have sold will regret it !....