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  1. 2,762 Posts.
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    Seems to be some serious interest in KIK today/yesterday. Technically it has broken above a declining trend since October and is looking very compelling from this angle and with the big buyers. Maybe two reasons for the interest:

    Galoc is an analogy of the Nido reefs in SC54 - good results at Galoc can be overlain with these shallow plays.

    Whitby's comments in the Philippines on Nido spending $70m on drilling this year. Some of this has to be in SC54 and as guess will include Coron/Coron North. If this is so it will catch the market by surprise and KIK will get a rapid rerate.
 
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