Member Info for elland

Dont think so Stockdale, the buy consensus has been out there a while. I think that we can expect some good news on a few fronts and that some has already leaked. I also think that the price of oil continues to affect the share performance despite our Gas contracts at nearly $10.

Looking better today people. Bid upto 2.5p for the first time in a while. This is just following oil price and as Stockdale says, we need RNS on progress to get a real lift. I wont worry about the Court cases as we are only working on info given to us by SB.

Hi all. Stockdale, can you understand why the spread has increased again ? Is this getting played by the MM s ?

The MMs have brought the offer down to 2.50 for no apparent reason and after no sells ? Spread now much tighter. Is this to encourage buys ?

The price of oil is still dictating things here. Lets hope the Russians and Saudi Arabia can agree to meet and at least talk about reducing production. Unfortunately Iran and Saudi hate each other and that could scupper any deal. In the meantime there is plenty that Mitch and Co can be doing to help the share price as we have on discussed on here previously

That's the case for day traders Stockdale but long termers like us must appreciate any rise

Are helping us today. Some regular buys albeit low volumes. Spread reduces. Come on Mitch, we know you read this site, give us some good news !

Ah the sockbuyer days. Happy memories. I want to see early resolution of funding shortfall and latest CPR showing asset valuations. A couple of a Director buys would help encourage investors. The price of oil is out of our control but some new gas contracts depends on how good the new Country Manager proves to be. Sockbuyer got that right

28% spread plus tax doesn't encourage investment here at the moment. We need a positive RNS soon.

I agree Stockdale but there is an opportunity both here some other oil companies that have been hammered. I am very long term on the basis that my average is 10p and I firmly believe that we will get back to those levels this year. Wether other oil co.s do the same I am not sure. The market is worried about our debt and the impending decision on how they finance any funding shortfall depending on the current asset valuations which will be announced at the up and coming CPR

The court cases were always played down by the BOD and everybody got spooked by Stockbuyers claims. We have definitely outstanding debt in Egypt and should expect details in some future RNS. I look forward to a far better weeks performance ahead and think that we have now seen the lows here.

Now up 9% and well over the 30p level. This is encouraging but we need some positive news from the BOD soon. The CPR due before month end plus production update. How are the Moroccon team doing with sales ? Has the third Country Manager in 12 months made a difference ? Come on Mitch keep us informed

Pressure on OPEC and Russia to start discussions on reducing production

Hi Stockdale. I agree again that the buys are at a stupidly low price but, at least they are buys. Oil price still struggling and we are holding here at circa 2p. We are all well down but this business is more than viable and there is lots of positives. Let's hope for more buys tomorrow

Someone topping up today 5 x 200k share buys

agreed but some interest on here now. Decent buys over the last couple of days. Could be good for those lucky ones buying at these prices. I have topped up but still way down on my average

it explains the SP Angel recent buy recommendation at 18p. With the company assets less liabilities, plus ongoing production and defensive properties including Moroccon Gas at fixed prices, this is an ideal takeover target.

Who is off loading here ? One of the major shareholders ?

The spread is all over the place. So are today's buys and sells. MM manipulation to some extent. The bottom will depend on oil prices which must at least defy the Hedge funds and stay above $30. Have you noticed that once New York opens the price of oil falls. Goldman Sachs are having a real laugh.

He was getting very naughty during the last few posts and should not be surprised that he has been deleted. I am sure that he must have been a plaintiff and looking to make trouble for the board. Let's hope that the companies legal reps sort out the matter quickly so that Mitch and co can concentrate on the priorities.