Wales got 4 points against Bosnia and Cyprus, mainly due to me cheering them on at CCS. So anything possible.
They shoot up on the slightest whim, but there has been so little buying (or selling) for ages now and few smiles. I was lucky enough earlier this year to sell a few at a good profit and still retain a handy amount at average of just under 1p. I hope price rises soon to at least your average and you can at least get your stake back.
The sad thing is that, if RSR United do continue to get things right in next couple of years, these shares could go into orbit. And many holding averages above 2p will not have the confidence again to hold, and will cut and run.
The Georgia sale is well delayed and our value per share in assets alone is 1.4p. I am sure Georgia has attracted a half-decent offer and this will make these shares look a real bargain at anything less than Cantors 3.3p by end of January.
Doubt we will get anything over-exciting on Trinidad production front. Though loads of oil there and company is addressing all the fundamental historic issues that have seen an embarrassing 661 bopd ave for last year across the whole of our operations in all our countries of operation.
Does anyone know when the September figures are out. RSR said we were doing 550 bopd at the last interview (Malcy) or does he mean in July. August seems to have been a zero drilling month so we must be losing money hand over fist
This time next year 5-10p min is easy achievable going the way they are going, seems they have learned a lot from the mistakes of the past, so good long term investment short term is some what more turbulent while they getting every thing running, could even get to dizzy heights of past few years where it could and should be, but time will tell.....
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