One or two including myself have made mega returns on the way down. The tide is about to turn and we will all be rewarded again. Any sign of a bid at the rumoured 5-6p range and the sp will be plus 10% of this figure.
that is what is needed to make substantial gains in this market that is full of comics,conmen ,and novices. Anyone looking to make serious money investing over an extended period will use the fall in prices seen here to accumulate cheap shares instead of running away screaming blue murder .I remember when I was laughed at for buying LGO at .4p a similar thing happened when I was averaging down on RRL. SLE will make any investor with the STICKABILITY hansome sums of money in the not too distant future .
I thought that bnk said 3weeks maximum not 3-4 weeks or the 4-6 weeks that you mentioned a couple of days ago. Bnk share price took a hit down 6% on above average volume 600k. I would put the majority of this down to speculators that bought on the pull back to 1.80 a few days ago. In that period we had some heavy buying totalling 2.5m in 2 days. I think that many Aim companies will make new year highs over the next 3mnths, I think one drop of good news and sle will be one of them.
If an approach was made the company would announce, so there is no truth in the Rumour. We are 3/4 weeks away from BNK news.We are also awaiting on TNT / Baker news or .? Guess who.? Morocco news and Albania news.? Looks like we will have some very interesting days ahead. TAP Gas Pipe Line. Beach Energy moved on because the 3 D identified very high pressure gas, which is fairly dangerous to extract and requires 2 rigs. Cove Energy had the same issues, in Africa , they got bought out for 1.5 billion for a 10% stake. Tap gas pipe line when constructed will pass through Albania and across the sea to Italian shores.In fact the pipe line shall be laid out across Sle licence. So who will partner Sle on Albania? It has to be a utility provider in Western Europe . Bets on, sle data room is very busy . I Guess within the next 3 months SLE share price could possibly treble. Our little investment group made up of lay investors who spend hours on research are quietly picking up sle stock, especially , this week .They usually get it right,
Is now the numero uno dog of my portfolio. Even RRL has shaken off its negativity this week and looking like a decent play with Trinidad ops. Sound Oil is coming good with production and and upcoming drill or two. Hell, even Bowleven had some decent news this week and things are getting better there.
Meanwhile over at Fanning towers we seem to be stuck here in the mid twos and still looking vulnerable to either a placing or a cheap ass takeover due to some crazy decisions by our BoD. The TaT deal looks crap the more I look into it as they have not got a pot to **** in either.
We need a real plan with real money to get us to production quick as that is the only thing that will stop the SP slide. Instead we will get more jam tomorrow RNS's that the market laughs at.
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