I added 40,000 shares myself today, bringing my total HDY holdings to 60,500 shares. I have listened to Ray's entire presentation twice and it sounds like MULTIPLE majors may be buying into the concession.
Ray also mentioned 6.5 billion barrels of oil may be in the concession and that it is the biggest West African play out there right now. I bought HDY above the ASK today and know that these prices won't last.
Ray says the market will probably reprice HDY. I agree.
Blackrock is adding shares. That's all I need to know.