GREY:RGVNF - Post by User
Comment by
redoctober777on Apr 03, 2007 1:08pm
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Post# 12539433
RE: Auerilan NR - My Summary
RE: Auerilan NR - My Summary1. Most importantly , the Aurelian update confirmed that the deal is real. This is progress. Stuff is happening.
2. While the "heads of agreement" have apparently been signed, I read between the lines that the day to day contractual details are being finalized with Eurogas (McCallan's 100% owned subsidiary company on the ground in Poland).
3. The small daily price movements we're witnessing right now have very little significance.
4. Even when things get going, the SP is not going to shoot up overnight anyway.
5. We now know that things are moving forward. The level of risk on this deal has just been significantly reduced. Wait it out.
GLTA.
RO777