.

Never seen the order book so strong in a "no news" period. Might be pointing to some people thinking the farm out deal will be done by the time the markets open after the bank holidays next week ?

hardly THAT exciting ...... 950k : 350k and only 550k traded

http://www.moneymorning.com.au/20120531/keep-your-eye-on-oil-exploration-companies.html

Keep Your Eye On Oil Exploration Companies

by MONEYMORNING on 31 MAY 2012


.................The oil majors today are making good money and need to get involved in new frontiers, so the junior oil explorers should be able to drive a hard bargain. Over the next few months we could see industry majors farming in to projects off the coast of Namibia and the Bahamas, and in the South Falklands Basin especially................

South basin could well be the massive frontier opportunity the majors need. I wouldn't speculate on timing of a farm out deal as there is a lot of time to get that right.

I still don't understand why Proselenes(the expert) thinks that condensate is more valuable than oil??? For some reason everyone else thinks different.
He managed to find one strange article which said "gas condensate, a liquid which often trades at a premium to crude oil" http://af.reuters.com/article/energyOilNews/idAFL5E8FN0JF20120423
If condensate is more valuable than oil, then how the share price fell when they realized that Darwin wasn't oil. I'm not convinced.

Stebbing went so unnoticed that it didn't even effect the sp. I was like as if people gave up on the company

Also, the underlying fact is that in spite all the discoveries made by RKH and BOR so far we haven't really seen any increase in share price overall. Lets not forget, that optimistically speaking the is 75% chance of Loligo NOT being successful

Cynic - What's a creampie & all that other stuff u were on about to do with your prostate????

Pros trying to make it look like the order books are strong, ha

Oooooh...Cynic, feel free to NOT answer post #746 until after I have finished my cup of tea & a danish pastry!

2 very nice juicy buy's just gone through after closing bell!

but not the danish au pair i take it .... 746 was answered on another thread where the post was repeated

Cynic - you naughty boy, I'm sure I don't want to know any more having looked into what a creampie is!!!

mcgrath, yes, I see the million UT trade at over 95p at close in the auction - someone very keen to buy FOGL stock.

And another 622k followed around the same price.

for all that, the day's volume was was only 4.8m vs an average of 3.5m

And earlier this week volume has been under a million.........so yesterday was a considerable increase over recent days.

really ..... had not realised that ..... on that basis, i'm surprised the average is still showing as 3.5m as (i think) it's a rolling average over 3 months

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

FSM - i guess your handle is all mouth and trousers then :-)

Well it's rising.....lovely.....

Yesterday was the first day of volume over the 3 month volume moving average for 3 weeks.



.

Would be nice to see crude rising as well.....

Except that would increase the price at the pumps! For the first time in a long while I am actually managing to fill up my car, from empty, for less than £60 !!!