Roxi Petroleum - Re: RXP Stream Log - I think the only thing...

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10:23 05/01/2016

I think the only thing that happened last week were buyers coming in and taking advantage of the low prices when most of the MM's were away on holiday so they did not have the opportunity to re-trace the share. They are back at work this week, so we are back to the pre year end trend. As soon as they announce something on A6 even if the status of drilling through the salt layer, should give enough impetus to move this price upwards. Any progress on thinning or removing the mud in 801 or A5, will similarly give the price a step change. Work on site will have continued throughout the xmas period and so there should be much to report on the status of these events already. No doubt will be waiting for those at the top to get back from the new year celebrations, before the RNS is written.

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