.

So safety crew to be there 6am Sunday morning, they will be present for hook up and testing so it all does seem on track for Tuesday morning (maybe late Monday) commence flow test.


http://www.marinetraffic.com/ais/shipdetails.aspx?mmsi=232648000

Draught: 6 m
Destination: OCEAN NOMAD
ETA: 2010-11-21 06:00

.

Looks like a delay...


From the LSE board...


scotslass Posts: 1,205 Off TopicOpinion: Buy
Price: 273.75

projectmanager Today 08:31

They had to pull the completion (upper) due to a part of it falling off. Thus not allowing them to land and test the upper completion. Fishing gear will be on the way to the rig today, nothing to worry about, it will just delay flowtesting by a few days..

$L

sp heading south, which is not unduly surprising given that news is awaited (sell on the news) and the huge rise of recent weeks ..... charts are pretty meaningless here, but 235/245 looks a potential support (bounce) level, but if that fails (no real reason why it should on present info and sentiment) then i guess 200/210 is a possibility

Cynic,...if they confirm a large amount of commercial oil....with a value in excess of a billion pounds.....is the sp going to drop ?...I would hope not...might be worth topping up.....I can see that the sp has slipped this morning....

Blimey...that was a sharp rebound...did not even have time for a top up........

what rebound? ...... sp was 266/267 a second ago

was at 260 for a minute or so....then up to 269....

I spoke too soon.....volatile today....it seems....

Operational problems - nothing major - however, flow test still expected to be complete around end of the month.

in that respect you're right ..... meanwhile, not such a dumb move to have banked some profits!

cynic, you banked at 253p and the price went up to 300p to sell.

Its still way over 253p - so its not a good move as yet....... its been a bad move as waiting 24 hours would have got you over 40p a share more.

i did indeed, and also twice as many at 281, though still remain significantly o'weight in the stock

============

one way traffic here at the moment, and 240/245 not looking quite so fanciful

Some panic selling today it seems, but makes an ideal top up point for buyers :)

Slight operational problem, nothing serious but pushes the flow test back a few days.

Expect it to start around Friday if not before is what the rumours say.

with MMs controlling all, it's virtually impossible to determine the strength of the selling pressure ..... i'll certainly consider buying more if sp does indeed fall back to that 240/245 band, but shall be equally happy (or even happier) if there is a strong rebound before then

Iv just jumped and bought a few more 3v1 may see a bounce....i hope

Ditto

Well, results of the flow test will be around 1st of Dec now, all being well. Not very long to wait is it.......

unfortunately delays always generate uncertainty.

As Buffett says, when there is blood on the streets and everyone is selling, that is the time to be buying.

I did today as well :) This time next week the price will be up near 300p again awaiting results..... easy money.

easy money is only easy money when it's been made with hindsight and has been put in the bank! ..... meanwhile, do not be surprised to see sp tumble again today