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Serica Share Chat (SQZ)



Share Price: 11.00Bid: 11.00Ask: 11.50Change: -0.625 (-5.38%)Faller - Serica
Spread: 0.50Spread as %: 4.55%Open: 11.75High: 11.75Low: 11.00Yesterday’s Close: 11.625


Share Discussion for Serica


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360Modena
Posts: 1,393
Off Topic
Opinion:No Opinion
Price:11.00
RE: 20p
Today 22:35
Heir hunter it's al out there for you to see.......

Production costs is 19 dollars per barrel

Current oil price say 45 dollars.

To play it safe 3000 bpd

That's $1.89 million per month profit. And that's if we stay at 3000 bpd. If we hit 4000 the. More like $2.3 million per month profit.

Huge amount of money in the bank to acquire a new asset...

It all stacks mate
 
heirhuner
Posts: 359
Off Topic
Opinion:No Opinion
Price:11.00
Not 20p now
Today 22:06
Can you show me your workings please? I see oil has risen I'm not disagreeing with your statement about 2 mil usd per month.

How much do you think they burnt through with the rig being offline for 3 months?
360Modena
Posts: 1,393
Off Topic
Opinion:No Opinion
Price:11.00
RE: 20p
Today 21:56
Once production is back online we will be making over 2 million profit per month. Sounds good to me.
heirhuner
Posts: 359
Off Topic
Opinion:No Opinion
Price:11.00
20p
Today 19:38
Would be a market cap of 52mil. That's way too muct the moment. Valuations can't be based on sp.

Oil is drifting back again on concerns. I sold out last week.

Problem is here people get bored waiting, sell up and go elsewhere.
360Modena
Posts: 1,393
Off Topic
Opinion:No Opinion
Price:11.00
Totally agree
Today 18:38
But this really shouldn't be trading near 10p

We should be closer to 20p and 30p once production starts again.
Sebster
Posts: 401
Off Topic
Opinion:No Opinion
Price:12.00
Prepared to wait
Fri 16:21
I have been here years and I am willing to wait for Columbus or acquisition news , these things do not happen overnight . I don't lose sleep with this holding.
pappadon
Posts: 253
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:12.00
RE: Oil price
Fri 15:21
pots and kettles mate
MasterRSI
Posts: 2,059
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:12.00
RE: Oil price
Fri 15:18
papa

re - cup and handle

it took 7 month to do the CUP so the handle takes half the time so needs 3 and half month to reach that point of 17p so you will have to wait till around ...Mid JULY.

there is plenty of nasty people around, I have put you on that category as is well documented on you post.

no more post for you unless you change your attitude

cup and handle chart
http://uk.advfn.com/p.php?pid=chartscreenshot&u=2K9ydOhAthZHF1PdcIoCVa4wcIW0pe4QD3fbHfqZ2qs=
pappadon
Posts: 253
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:12.50
RE: Oil price
Fri 15:12
Spelling and grammar are not a thing for you either it seems
MasterRSI
Posts: 2,059
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:12.50
RE: Oil price
Fri 15:08
papa

17p will come but you have to wait for it, patient and reading is not a thing for you it seems.

Share prices go up and down with the cycles and to break certain points has to be with volume, I have well documented that.




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