Member Info for bbr391

Great news .

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Yes .
Seems remarkably undervalued .
As Investors have thrown £30 million + into PAL
Kuala Lumpur Kepong Berhad must be very very patient peolpe.
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Agreed.

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Means It could be an Elephant .

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Smoke & mirrors perhaps.

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For £20 million .

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The Odewayne Block with potential estimates of 1Bn bbls has seen no seismic data acquired before this and remains undrilled although the scale of the basin and comparison with analogue basins suggests potential for developing a significant portfolio of potentially drillable structures. Gravity and aeromag has however already been acquired and interpreted over the entire 40,000 square km acreage which resolved several lows across the licences that are ground truthed as Mesozoic rift basins by legacy seismic data.

Genel has 50 percent interest on the Odewayne Block while Sterling Energy (East Africa) Limited has 34 percent and has the remaining Petrosoma Limited 16%. On the SL-10B/13 block Genel is the operator with 75 percent interest.

Under siege by buyers at last.

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Starting to look positive at long last .
Perhaps more rises are feasible on this great appointment .

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Maybe.

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Looks like a date with mid march , may be more illuminating.

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Nice to see a rise in SP .
Perhaps this will become news driven.

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Grand designs maybe waiting ahead .
Seems traders are beginning to buy .

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Maybe.

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Thanks Optimist ,
We are in accord .
Wonder If Coveney and his pals have grand designs for Rure;ec like IPC .

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The wait continues.

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As we await a more realistic valuation from one of the most tardy boards on AIM .
Any guess to what Rurelec could aspire to as a valuation in the coming storm .
I presume £20 million as a possibility . Despite Sterling & Peter`s Interference .

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It may be a matter of time waiting for more to realise that PAL .Once producing could be valued at £20 million plus .
Our partners have Invested a lot here , So far with poor resultant share uplift .
Hopefully good news ahead will continue .

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Let`s hope GFD is wrong & the new BOD have shareholders Interests firmly on the next meetings agenda .

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Looks like 22p is Our Nemisis , for now.

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