Cassandra Oil (CSSOF)

[snow]

Those Swedes seem to hate dilution very much. As is very common things move more slowly than expected. When the annual report was published and it was suggested that there was a risk that Cassandra might have to sell some shares toward the end of the year if things moved more slowly than expected the pps plunged 50%. It has subsequently recovered most of that fall. I guess the pps will only start moving in earnest once production sharts and it turns out that it generates great profits.