Member Info for downbutnotout

"It is expected that the Scheme will become effective in the second half of 2018".

good question. yesterday's RNS may have give a time-scale. http://www.moneyam.com/action/news/showArticle?id=5780911

£1+ coming if SGL SP gets back to where it was trading a month ago..

odd how Tullow has been tracking oil recently. its usually goes in opposite direction! Friday is usually a dog of a day for shares so i think Tullow will struggle to get back into the 90s if oil stays where it is now.

as at 3:34 ET, 20:34 GMT $4.76, today's range 4.39 - 4.88. largely recovered most of its loss and SP is now only 1% lower than a couple of days ago.

a good recovery in WTI & brent up 25c since 4:30. BUT at this level its hitting the ceiling of a bearish channel down and its below the 50 DMA. I'm referring to WTI not brent. but where WTI goes brent should follow. So need to tread carefully here as that low in oil reached mid afternoon may get retested again. Hopefully i'll be able to release some funds in time for my re-entry here. so oil holding around this level before a leg down aligns with my investment strategy. was there damage to a UK pipeline this week? i think when that gets repaired within next couple of weeks? could see brent pull back a bit.

oil bouncing back. typical at after 4:30. hmmmmmm

nice. its normally a sell-off into the close with a share like LMI. but today could be opposite. maybe 78p at a push..

up over 5% since Nasdaq open.

hope you sold you're Tullow Oil master rsi. big drop in oil coming this evening.

that was dead cat bounce. oil stayed under support for well over 4 hours. more downside. SP c.185p

its never been anywhere near 1300 all this year. commodity stocks off their highs and SGL already pulled back quite a bit over the last month. SGL's SP seems to have bottomed in the last hour. hence LMI's SP stable.

master rsi, i got your link posted on the other board :) PJM seems chirpy today. i thought his PJs would be on fire!! lol

pulled back because shares in SGL down 10% and now at days low. 74p looks to be a good support base.

https://www.fool.co.uk/investing/2017/12/14/why-id-buy-lonmin-plc-after-sibanye-gold-ltds-takeover-offer/

some i sold earlier at 78.38 for 75.43p. sold my trading shares yesterday at 64p. d'oh! but still got my core holding.

179p will come very quickly i think.

chart looks ugly if 179.50p breaks.

your yellow line goes below the 138p channel support line. if that breaks next support at c.135p 133.70p is all-time low i think.

https://www.ft.com/content/bd7f70aa-e0ab-11e7-a8a4-0a1e63a52f9c PIC not likely to block this deal as they own 30%? don't think an offer would have been made without their consent..