Pipeline promised for Q4 so what with WTI/PoO improvement going into the autumn this should push up OK.
Have small holding in here and agree that it all depends on the oil price ultimately. Also concur that pipeline could be a catalyst but truly hope that it is happening at some time soon as it has been promised for a long time. Also keeping an eye on andes energia as see what happened to them even in a scenario where they should allegedly be able to sell oil in Argentina above 70$ ie just had to raise cash at 25p ! I think that ultimately all the corrections on America towards a share price of 20 p represent a buying opportunity, although volatility will probably stay with us short term .
The oil price will govern where the share price is heading
Some momentum here. On pipeline news this can really fly, and our 52 week high was 3 times this sp. keeping the faith here and directors topped up last time sp hit this level so all to play for. We ought to have bottomed out now and ought to build through Sept for October news. If I weren't already heavily committed here id be topping up even further now. Huge upside potential here which inexplicably seems to be going unnoticed by many.
Fingers crossed the kicking is over
You're not wanted on this board. You deramp everywhere you go.
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.