Yet another early morning Tree Shake. How many Pi's were caught out yet again with this forced drop?. The Investment institutions want Your shares, but only at the lowest price. Not to long to wait until we get the awaited results from BNK Petroleum, the Barryroe and the Albanian farmouts, the Baker Hughes update, and the future progression of the Spanish and French licences. There is also a Positive Financial Report from 3Legs. http://www.3legsresources.com/latest-posts/
SLE BNK results are critical to SLE. Especially for the Realm licence.if it's proven up . The land value increases to 12 million an acre initially at least. Between Lewino and the realm licence, puts a value of over over 500 million. SLE has to increase dramatically in price once BNK prove up. Albania High pressure gas, a bit dangerous to extract, This field flowed oil , so Albanis has big potential for SLE. Morocco Whilst 3d was completed on both Zag and Tarifya identifying large structures, it has not even been touched. SLE were right to focus on Poland , it's about tp pay off soon. Spain This is a monster, we know gas was found, again it's high pressure. Why enter in to a JV when land values are about to explode Yes, this slumbering giant is awaking at long last, In this business Deals with large caps take months, everything has to be reviewed by internal audit sections, reports upon reports, it must be a nightmare to conclude a deal. SLE has turned the corner. The recent deals with trans and baker were excellent. Watch out for that cash flow by year end. As you can guess I am extremely positive on SLE. Com are 3 legs. Char , both stocks hit nearly 3 pounds and are now priced in 24/25p . They own minor assets yet they were ramped up to crazy prices. SLE is made up of 4 companies with substantial assets with potential SLE Aul Island Realm
Irish eyes were smiling as two oil firms from the Emerald Isle rose on reports that the pair are close to agreeing a farm-out deal on the Barryroe. Providence Resources (LON:PVR), which owns 80% of Barryroe, and Lansdowne Oil & Gas (LON:LOGP), which owns the rest, were chased higher as Providence issued a stock market statement confirming it is in commercial discussions with a number of interested third parties. This does not leave a lot for us. 100% -80% -20% =0. Where has it gone?
Understatement of the year Imo. Bnk s about to track their very promising horizontal, BH taking on the Siekiersky field and TaT going for the Raswick gas find in a couple of months plus our very 100% owned Lewino and Barryroe farm out news looking closer and closer...no advice given there but if I wasn t fully loaded here I know what I would do.
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