£65 mil for a company with m-cap £27 mil is quite game changing. More importantly it is a source of revenue and should assist in a change of sentiment, something this company has lacked for some time. Furthermore it will secure the company in the short-medium term so that it could develop/FO its flag ship asset Lewino, which could lead to revenue that is truly game changing
---Looks like the buyers are a bit shell shocked this morning, and maybe hoping the spike will subside a bit and let them in.----That could be a bad move.--Once this wave of pi selling has be taken out, there will be a serious re-rating going on here, and paying 125 instead of 100--110 won't seem important at all. --Should this story prove to be true (which I'm sure it is ), then confirmation from the company in the next few days, will signal the end of the 1p's for us. -Well done all those that have bought in over the last few weeks and good luck to all the long termers, lets hope you all finish up in profit at long last.
If this current speculation is true why on earth are there not massive buys.? If there is production from Raciwz can anyone hazard a guess what this will do to the sp. Is it the case that SLE will need many areas of sustained production before we can see expect to see a significant rise in the sp.?
very nice.. puts a perspective on those posters who posted "the end is nigh and sle will be finished by year end!!"
" Because it is apparently sitting on the largest onshore Polish commercial development of gas in some 20 years"......this is just the start of what lies beneath sle acreage!!...infact with the 3D sle did back in 2912 bet they have seen more than what they have let on!!..links
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.