You were previously on here saying you were selling out entirely (for the same boring reasons) about 2 months ago. You took your money to MSMN as you said it was exciting and their near term prospects were sensational etc etc. the SP was about 23/24 then and lies at 19 now.............maybe it'll be a great decision, but at this stage how's your excitement - and balance? Great advice and rationale.
Steelwatch 28 Sep'14 - 19:54 - 4291 of 4300 (ADVFN)
misteron - unless something comes of out of the blue in the shape of M & A, or Badile, or other, farm out or disposal, the next expected news should be grant of drilling permit for Nervesa and commencement of drilling later in Q4.
SHARE PRICE that's the planet I am on --- cant break out above 13p that's what -- oh I know lets wait another couple of years! lets take WRN for example £££££---we are here to make money- Italy is not it so yes we have XYZ but market thinks otherwise at a miserable 12.5p. I rest my case for selling
No doubt he means share price (apart from of course the consolidation). It gets quite boring to read commentary like that and perhaps shows a real lack of insight/research/intelligence - take your pick. Either way, an awful lot of commercial progress has been made in an increasingly promising Italian marketplace. BOD strengthened, institutional investor now on board, 2 (small) producing wells, RBL agreed ahead of schedule...............but wait for it - no change in SP!! Well at least that would seemingly mean the company represents good value.
Shukan.....you say 'nothing has changed here since 2012'! What planet have you been living on? We have, in that time, instigated two production wells, successfully drilled and proved up our flagship asset, Nervesa, had a new dynamic CEO installed who has pulled us out of Java, saving us from disaster, bought in a cornerstone investor, consolidated the register and had several important permits awarded. Apart from that.....................
Crude..........what have the Romans ever done for us eh!
You can feel the frustration here. I have a small holding here but a much larger one in BPC ,which I have had for five painfull years.It looks like it could be coming good any time now and I think the same will be the case here .stick with it.
Consult, I'll make a conscious effort now you've brought it up. Curious about 'oleum' though. I don't have a cell phone so don't usually know or use phone speak; but as far as I can tell Oleum is a kind of rust remover cum deck paint. Am I missing something? Have I become rusty and dull and need a refurbish.....................please advise? Maybe it was inserted by the predictive text........happens to me quite offen. One more post........no pressure!
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