RE: RE: RE: RE: RE: RE: Reality check Volume will increase as we get closer to news. I would think that some Twiga is already priced in as we have been told that there is oil. Problem now is that we don't know what to expect and when. The next news could be Twiga net pay and flow rates, Ngamia flow rates and results from PaiPai one after another. There were moments on Friday when I thought volume and price would spike indicating a possible news announcement on Monday. But it quieted down. We do know that AOI turned down a financing at $13. That tells me something but time will tell. This week was quiet anyway since the US was in holiday mood. I don't think we always realize how much impact they have on our stocks.
I am optimistic but also realize that nothing goes up in a straight line. Do believe in the play. KH moving to Kenya is another telltale sign. Time will tell.
As far as insiders, they are well set with stock and options. Not buying but not selling and even exercising shares and holding them as Ian Gibbs has. They were accumulating below $2 when everybody else was still skeptical. What amazes me is that nobody from them is selling at these levels. Nobody is locking in gains. I wouldn't be worried if they did cash in a bit but none are. Wow.
Hold on to your hats. There will be news coming. There are exciting times ahead.