Member Info for GeoChem

..... I think will be the givaway, if the price goes up hard on Friday afternoon then I think we will be set for rises through next week. Seen this in Lloyds, once you clear the daytraders out on a steady rising trend the price just meets notional "walls" Xp...X+2p.... each time it clears a block of PI's with a set price target, usually round p's it just pushes up to the next trading range. Got to go-rubbishnight. The wifes back, havnay dun me jobs...!!!!

Is here for a reason, and the fact that he has stayed through all of this means there is a compelling reason... its KRG.

....... is that if we are right and these are corporates, they are not going to just daytrade, they will soak up a lot of the liquidity, as the uncommitted PI's get squeezed out on a rising trend the price should find a "real" level.... thats my hope anyway.

.... looking at the patterns today, corporate/investment houses, they are now viewed as a upside bet..... which I think means the cheque is in the post.

....... you are right there, I reckon maybe a little bit lower after his big buying spree about two-3 months ago, but there is the core issue. Invesco/Ruffer/DOB/Gartmore... all in for what ~90%, all averaging??? 9p???... along comes aperfectly good buyer, all the boys keep their jobs - they have actually done some good deals - get to really do the oil biz, all the big holders - No way at that price.. we lose out boy's, no you get on with it....???

...... were a flop I think they would roll it over to the first bidder, the people involved here want to be a Cairn/Dana/HOIL/Tullow sized oil company, I dont think they want to be on the outside of the big game much longer... they need a company building find, a one hit wonder... then they can go after some more prime real estate without having to do an Oliver for partners each time they get a concession.

..... in reality, if KRG does not come in they are dead. Madagascar is a terrific prospect but they will have no money to move forward with and their cashflow is poor for the size they are, Madagascar is ultra deep water the development will cost mega-bucks, too rich a game for SEY.

..... got the map saved, the neighbours are DAna and VSt/Nico, Vst are minnows though Canuks, they are a no-way, but Nico are huge and the minor partner with VST... it would be a good fit for them. Dana could be the other party, i tipped them to a family friend about 10 years ago... they were 34p at the time... if I had only bought a few hundred!!!!

would fit, they have most of their stuff in ****stan, next door almost. Does not have to be a UK company though, the Canuks all like KRG, in the US Devon have not made a big aquisition..... too many possibilities without a clue, think you were in SQZ, their CEO said their bankers would back an aquisition as I recall, bit odd though as their MCap is about the same as SEY, they are Canuk though so they could fit if they had the dosh but they would have to borrow a lot, didn't some mention ... was it Afren, as they have lots of W.Africa and Chin would fit in along with the GAbon/Nigeria stuff???

There are others with the clout and dosh who have not bought anything yet, Hardy and Cairn maybe.

.... just took over Genel Energi in turkey, think they will be out of readies. Addax is GONE, part of Sinopec any day, they will not be doing deals whilst in an accepted bid situation, material change and all that.

The other farm-in is KNOC I think which is either the Kurdistan Nat oil Co or the Korean National oil co, there is another KNOC though I think, Kuwait, one of the companies I worked for back in the 80s did a project for KNOC.

..... rules are just being used as a smokescreen I feel, I think they are through their troubles but while that was going on it was of USE not to keep issuing statements, besides which it supported the SP through the worst, it held up the SP as there was always a chance of an out of the blue deal turning up.

..... do you say that it was not an institution, does something show on your L2?? Geo

.... a 1 mil go through today, I think it might be DOB, he has been quiet for a few months now, no RNS's, we will see if one pops out tomorrow as I think he has to declare all changes in ownership at this level... correct?

I think that there are a bunch of bargain hunters sniffing around who think they can get a cheap buy with SEY. The Belgrano could have been a proxy for BP, arms length ownership until they settle position in Iraq and then a pre-arranged deal with their S. American proxy. HOIL is gone now it has taken over the Turkish, Addax gone, probably Sinopec as they swallowed them whole, tooo many ripples. Premier are no-no as they used up the kitty on Oilexco and are still digesting. Tullow or similar a possibility, Dana I think has been mentioned, this kind of size the medium sized high SP independent I think is the most likely. The very Bigs, well SEY is too insignificant to get the markets attention UNLESS they decide they really need KRG asset, some must be starting to think that way with the Iraq auction failure. Geo

meself, old tradition, kids to bed, glass of vino but they are all older now, one gone to Uni, one going, daughter out giving dancing display with the boss in audience. Geo

Don't know where that one came from but he is using some of the right terminology and I think is oil from his run-off of the software, did not show his calcs for value/MCap/Share vol to justify price claims though, been meaning to work that one through, did a while ago but the stock count keeps getting higher, pin-the-tail on the donkey job with SEY. Geo

We all keep saying three... any evidence? Geo

went over to GKP for a bit old techSupport, someone BSing over there. SE. on a slight retrace though it did full days volume in first hour. As for SEY, don't think this rise has anything to do with T-O or placing, or financing being cleared.... think it's GKP. I looked at 13p but did not like the bosses weird trust fund deal and some of the other vibes, put my chips on SEY as my KRG play, did not realise that the drill would be SO delayed.. bummer. No, there are a lot of small PI's have dobled/tripled on the KRG play there and are now looking for the next pony, it's SEY. I have looked at all the KRG players, 1 I cannot find, all the rest are high buy-ins. Besides, as we all have evaluated, SEY is hugely undervalued, so the best way to play the KRG at the lowest cost/risk is SEY. Geo