No. of Recommendations: 1
The daily mood has certainly changed. We have closed below the 5p “support” for the second day running with mid- price 4.62p, down 3.75% on the day, and with useful volume of 32.22M.

I was thinking of the much longer term prospects in Puntland etc., as I posted a link on the Oilies Trends Boards about the oil history of Somalia, foreshortened by political turmoil,...
CHRONOLOGY OF SOMALIA’S OIL AND GAS EXPLORATION AGREEMENTS
http://boards.fool.co.uk/oil-prospects-in-somalia-seem-to-be...

As I posted it, I could not help but regret that I had not had the foresight to trade out of RRL a couple of days ago and re-enter at these new lower levels!
Will it go lower still? Will the TA of Zak Mir et al be proven wrong? Will the buying or the news flow resume to send us North again? Watch this space.

Tom
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