You've been here for years, you haven't sold any and you must have lost a fortune. Where do you get your unlimited supply to accumulate yet another AIM listed stock in 2015 ?
With all due respect, your strategy doesn't seem to be working. I know one thing for sure CHAPPI, regardless of results here, you were much too early. Judging by the number of posts you've written, you've certainly made an effort for others to follow. If they did, it has been a huge mistake.
Hi, no I am not intrested in Char. I am no longer interested in exploration plays (I feel there are enough companies with proven oil that are undervalued), if I were to be looking at it though the questions I would ask myself are how long will their cash last, have they any drilling planned in 2015 etc etc, cash in the bank today can be meaningless in a few months time for example.
Xcite suits my strategy for oilers now and is the one and only AIM share I have at present (I have one other AIM share, that is a non oiler, that I am starting to accumalate shares in 2015 though!)
Yes. And don’t forget the NPV10 (approx $425p) price is really the takeover (for sale) price. Once that FDP is approved and the asset is secure it will be a different ball game. The market is at the bottom now - IMO
A great prospect at 40p per share there is no doubt you will double your money (more likely triple) on FDP approval.
Longer game xel will go to production, reserves will go up. Oil will go up and costs per barrel will fall based on more volume (low $30s as detailed in the RAR) al xel will pay a dividend. NPV10 will equal share price
All that i know and am thinking is that there is a lot more oil there than xel originally thought and also they think that they can get a lot more of that oil out . So we can afford to have partners as there is a lot more oil to share out and we save a lot more in the long run
By end 2015 , used to think a lot higher but it just seems profits will have to be shared by 6 or 7 companies , so not the ten bagger I once thought , I think by feb all contracts will be signe and a rise to Quid , any thoughts ?
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