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still a good short term buy for deffinate.
get investing....santas changed his name to desire this xmas....
CHRISTMAS IS ON ITS WAY THIS IS WORTH AN INVESTMENT !!!!!!!!!!!!!!
http://www.platts.com/latest-news/oil/london/uks-argos-hikes-estimate-of-oil-potential-in-26131687
http://www.falklandnews.com/public/story.cfm?get=6595&source=3
BIG RESERVES BIG BUYS ALL SAT WAITING : ) NICEEEEEE THIS SHARE IS NOT FOR SELL OUTS MORE FOR BUYERS :)
still a strong buy and I reckon 20p should be soon, real soon
Sorry for the spelling mistakes in a hurry today to get the message out, same again tomorrow steady 4 % rise will do fine, THE DEAL WILL COME whether its rkh premier oil or anyone else.I am confident the company now has the right shareholder backing and the short time bail outs habe dissapeared.I wouldnt mind holding for longterm because goldmans sands or any other broker rating is sure to come especially the 79p if we get a partner to help us drill.
I am right in what i am advising, lets put it this was 3.75% up from when i created a blog a day ago..well on here made a post.Therefore we are definately moving in the right direction.Yeah am Des biggest fan but only for a reason and witha positive vision.Check the market cap from 42million to now touching 47?illion and rising..big trades big confidence boaster...we are definately going to see 20p but will accept 56p to settle..if this share can get back to 24p then i am confident we will see a higher sp.
If you were offered 20p a share now, by PMO/RKH would you take it or leave it? Put it this way, when PMO bought out EO they offered a reasonable premium to the sp at the time - but nothing spectacular (like the idea of buying DES for 80p say). EO were an awful lot lower than they had been only a few months before. PMO scooped them up on the cheap IMHO, considering what they were getting. Likewise DES, they don't seem in the best of bargaining positions, and not too many suitors around these days. So if 20p were offered tomorrow by PMO/RKH would you grumble but take it ? Or 'definitely not' - and why ? Realistic / factual answers anyone? Am curious. PS I have holdings of PMO, RKH and DES. Big Chef.
This forum isn't as chatty as other forums am part of and groups, but there is a huge buzz that this share could really high 79p mark, in the interim around 30p. Further to add, possibilities of big buys represents we are heading in the right direction. Trades of over 2 million makes this share move 1p. SO am guessing 20million and we are back around 30p? IT's not impossible if the shareholders have belief this share will be successful along with good investment and backing by its share holders, this will hit the target price in no time, we do however needs to see better exposure and oil feeds, with a gaurantee of secure investment on DES part.
Makes complete sense for PMO/RKH to buy DES. Even a basic estimated valuation of DES demonstrated why its a no brainer: 85mil barrels at $4 = $340 Mil PMO/RKH Make an offer for DES $425 Mil (to factor in their additional acerage and small cash balance etc) or 79p per share. RKH 40% = $170 Mil (Just over half of their cash) PMO 60% = $255 Mil So for $425 Mil they would be buying loads of acerage, 85 Million barrels of nearly proven reserves (that would tie in to their concept at minimal cost). I don't see any benifit to keeping DES in the mix and I am sure PMO/RKH dont want to include them (unless they farm out to a major with big pockets to speed up proceedings). I think Phipps and other major holders would accept 79p a share at this stage, especially if they are stuggling to farm out. Sorry for my ramblings but I am excited about this share at this price. All IMHO
good chance to buy and hold
Knowing this share was 24p not so long ago great time to buy and hold...
Watch this share boom
The markets monopoly share...i see this shooting to 20p or above within next two weeks...itd a surge waiting to happen..aloy banter on twitter over it...happy days
http://www.scandoil.com/moxie-bm2/news/premier-oil-awarded-three-blocks-in-brazils-11th-r.shtml
heard someone floating a good rumour, if it's good could see 17p or more...good lucky dip before AGM