This bloody bank is not allowing this share to be traded on its system, I.e you can sell but you can not buy ,they say the share has not met its rules of engagement, it's been like this since , it's consolidation ,so that's why it's share is doing crap ,half the 30 per cent of u.k customers trade through them ,why is this anyone ?????
from Genels report today.........sounds like more to come from sm1..
Offshore Morocco, after completion of the analysis of the 2014 JM-1 well results, Genel is in the process of withdrawing from its 37.5% interest in the Juby Maritime licence. Genel will continue working with the Moroccan government to find the optimal way forward with respect to the Company’s two remaining licence interests, Sidi Moussa (Genel 60%, operator) and Mir Left (Genel 75%, operator), in light of 2014 well results, notably the SM-1 well, where oil was recovered to surface during drilling operations.
---Listen to what the company are saying and doing about starting production from a confirmed Gas find. - ---Think how easily finance and revenue can be generated. - --Look at the gearing of the SP, and think how quickly it can move when the next phase is announces
Don't know why this should have been taken off----so i'll say it again. - -Just standard business-----drill the next well(s), sign a pipeline up to buy the gas, and then borrow against future production, ----finance and income sorted
Yes but No but Yes but No? Thats wonderful when you have confirmed and prooved a shale thats producing and able to give up its hydrocarbons, still more R&D top tier expenditure required, i Unless you want to phone up HQ and spill your pockets to do A HORIZONTAL instead. Let me remind those and highlight something to those who are new or maybe forgetting, SLE 'a polish gas shale explorer - horizontal+frac' have done Nil (yes, None) horizontal drills to date EVER.
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