Not really expecting a great deal from the AGM to be honest.---------they'll go through the motions and pass all the resolutions and I think that will be that. - -Being involved with the Takeover Panel at the moment may well mean they will have to keep tight lipped, ---so shouldn't expect any revelation, and certainly wouldn't waste the air fare going.
Rawicz hasn't started producing gas commercially yet ..
I ask again, has it? , like many others would like proof that income is coming in from this.
Not too much to ask is it,I could say I have a commercial cider orchard in my back garden just because I have a couple of hundred apple trees in it, In fact that is more truthful because you can see the apples in my orchard.
The bulls may of gotten a little over excited with the wording of a few posts recently I must admit. Its easily done when you hold shares in a company and thus want it to succeed. Still, the way the resident SLE haters are swarming over it like flies to s**t is interesting. Panic must be setting in as the company might be turning a corner for the better...what will they be able to moan about then? You cant help but feel a little sorry for em.
Lets face it as the company has told us, Siekierki and Rawicz are coming on line Q1 2016 - Thats $17mm going to start entering the company accounts next spring. All next to gas facilities and probably been done in secret as JB doesn't like the limelight and using flare recovery during testing to keep the tabs on it. Don't forget they had some spare cash to drill that $7.5M well in Zverni - this is probably complete and will add another 10mmbbl to Oisins portfolio of commercially productive plays. Add in that the company should have now completed its well in Morrocco/Tarfaya - it will probably be pouring out hydrocarbons as we speak. In fact given the proximity of the infrastructure and tie-ins that such a developed country as Morrocco brings - its probably in production right now - hence the sp rise. This is going to take off - because although some doubted the past problems we all know that in the end OF likes to make cash and make cash big - only a matter of time before us shareholders get our just rewards - its been tough, but suppose nows the time to put your feet up and let a thousand flowers bloom by Oisin -because he's a Legend.
<<< This post does not necessarily reflect the facts, and may be submitted by a shareholder with so much at stake it has influenced his ability to think clearly, the deficit he may be holding could be considerable so attempting to win an argument on a bb, may equate to some irrational believe that is may sway the share price in his favour as well. >>>
Datafeed and UK data supplied by NBTrader and Digital Look.
While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.