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htrocka - Sat, 01 Jan 05 :

Try and remeber that Ramco tried to take over JKX a couple of years ago and although failed, the strategy was a good one. JKX have now drilled a new well in the Ukraine with 1m cubic ft of gas a day at 600+psi with a condensation rate of 35% and the share price has gone from strenght to strength.Lessons were learnt from that expierience in that....correct me if I`m wrong, but the Ukraine government bought into JKX by some 20%, hence the price hike.Now some one has been `stake building` into Ramco over the past couple of months, 50.000 here,50,000 there, moppimg up loose bulks,although nothing on the register at present, could Ramco, through their previous experience, be doing an JKX in that part of the `technical review` may bring on board the Irish government...? just my opinion of course...but the logic is sound.


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