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split-s - Sat, 01 Jan 05 :

Happy new year all.

Shaun,
Hope your profit level is coming up to expectations. Well its not over yet by a long shot.

As many of you know BLR main cost is drilling and they have been fortunate up to now.

Many might comment on BLR short term rise, but it should be nothing compared with fingers in other up and coming projects + the North Sea Gas project (OH MY!), provided by the new revenue.

IMHO BLR will be turning into a long position after Feb. Which is when I expect a few sells on the books.

BLR is a long position for me, but its exciting to see it hopefully sustain a 2.5+ sp.

Good luck all. :-)


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