Member Info for elland

good points Herminator. Good to see you remained faithful to the cause. This is a great management team and as I said in an earlier post, they usually hit their production targets and timescales. Next year will be the game changer with sustained income from 30000 bopd (or over) at increasingly higher oil prices.

The placing earlier this year is being very well spent. Looks like a min 24000 bopd by year end rising to 30000 in first half of next year and that latter figure sounds cautious. Work it out, that a lot of daily dollars income and with Eland they seem to get paid quickly. The risks are obvious as are the potential rewards. Sorry to see some friends like Munch, Stu etc leave the forum. GLA

Have reiterated buy 90p this morning

there is risk we all agree. However the main investors have remained and most of yesterdays sales were small in value. I love this management. They dont give false promises and usually hit timescales. With Upuama 3 producing 12000 bopd, expectations on Opuama 7 now ahead of the projected 5900bopd and expected 6000 bopd from Opuama 8 starting before end of 2017, we will see production doubled to circa 24000bopd at much higher oil price average than the $54.66 stated in the RNS of 23 October. For me its worth the risk.

Cheers Stu. Last man standing.

The Delta Avengers have always been our nemesis. We are profitable and production increasing. Oil prices now over $60 and we have fallen 12% today. Shame as this is a great company run by an excellent team. I am holding and hoping that this is an over reaction and pending production news comes fast. Let�s also hope that negotiation restart quickly with the rebel leaders

Another day of buys despite not yesterday�s volumes. I am confident another updated positive RNS due soon. Looking for a move north into mid 70s next. Surprised no broker updates from Cantor Fitz for a while ? Onwards and upwards guys

I noticed that too Stu. Thought it was you

Not a great week share price wise but the good stuff still to come fellow long term holders. Keep the faith.

I suggest fellow investors look at �Simply Wall Street � site for today�s full analysis on the financial health and future prospects for ELA. They indicate just how much of a discount we currently trade at. Excellent report and 14 day free trial on the site

Well I have bucked that trend and bought another 10000. I expect a minimum 2 further positive RNSs before year end a broker upgrade or two

I dont understand the response to the RNS so far today. Whats with the selling ? Double production due soon, oil price recovering and we are getting paid for the oil quickly. Great plans to increase production further in 2018. And yes I am ramping this undervalued stock. I understand the security risks in the Delta but really....

Just re read RNS. Additional 5900 bopd from Opuama 7 closly followed by an extra 5000 to 7000 barrels from Opuama 8 which in total doubles current production. With oil prices improving. Fabulous RNS

And well within expected timescale. This could add an extra 7000 bopd to 19000 and currently at $54per barrel with further potential. I am expecting broker re rates this week

I have been here for quite a while Stu and have kept faith as have you. Keep posting mate.

May be here next week guys. Luck makes some good points about the geo political list, but, I still think this will fly post news

Yes back tomorrow when hopefully hurricane has passed by. Leeds airport can be breezy at best of times. Expecting next RNS soon and hopefully before end Oct. I still hold all my shares here but was tempted to reduce when Luck did. Glad I never.

Good work Stu. I think we still may see a £1 this year after all. You still away ?

Ditto Stu. Although I have potentially 3 more weddings with one done a couple of years ago. Tenerife is great and it was a nice surprise to see the price today. I didn�t look yesterday so it�s nearly 15% rise since last Friday. Let�s hope more during the week and then I need to consider reducing a tad. Peel have a 90p figure in mind which sounds sensible. I may weaken before then.

Buy and sell prices all over the place today