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low volume selling. I'd be more annoyed of large stakeholders were offloading.

general interest in betting on the World Cup seems higher this year. just a hunch.

Lots of good news, cash in the hand, debts paid, wells underway, 2D evaluation survey, improved technology for both exploration and drilling/production, strong partner with OIl India, who in turn are now aligned to Gazprom. Share price nudging upwards, I'm at the break-even point at the moment, so lots to look forward to. Interesting times indeed. I'd love to see Gazprom taking a slice of the action here. It is tricky territory to work and they would have more expertise in making the most of production. fingers crossed.

The $5million bonus was the oddest part of the farm out - I thought it was totally unrealistic . If that zone ever produces 7,500 B the profit would be so rocket high the $5million would be chicken-feed . I thought at the time , that's it's an after-thought thrush in to make the figures look impressive . Why didn't they ask for bonuses elsewhere on the licence ? For me it looks unrealistic - anyone else care to comment ?

Gazprom do not own the adjoining license. The do own several licenses in the region the closest is 60Km away. even so, the co-operation between Oil India and Gazprom was penned by Both CEOs in Moscow. Personally I'd love to see Gazprom becoming involved. I think this license may benefit from a specialist drilling crew, the current team have yet to sparkle my eyes and team of Gazprom engineers mixed with the Indians could real tap this one.

This is Oil India's first entry into RF, the signing of a loose 'cooperation' agreement is global but I can't help thinking that the main area of mutual interest is license 61. Gazpromneft own the adjoining license, a subsidiary of Gazprom proper. The deal was signed in Moscow indicating it was Oil India 'came knocking'. I know if I spent $85 million on a license I would rather Gazprom provided the expertise rather than Petroneft. Have no doubt in your minds, Gazprom will soon be involved in 'some' capacity, and why not, I'd rather Gazprom's elite drilling teams there rather than the current crew. it's all good. fingers crossed

Oil India has signed a co-operation agreement with Gazprom just after they signed the Farm Out. This is more significant that first appears. The question is why and why now? weeks after the Siberian license !! I know what Gazprom should be thinking. Petroneft oh yes.

great news indeed, and a speedy release of the Oil India Money too, and best of all drilling starts in Mid july, this should produce a serious result and make a positive impact. Onwards and upwards. …Just a nasty thought, Imagine Petroneft manages to make $6m profit this year and all the money is lost in FX changes…. I think I will be calling the Russians and begging them to take over if that occurs again. enough is enough

Suffering lord ! 66% of entire company losses attributed to a FX swing ? That is unacceptable. What I don't understand is that it's an Itra-Group ( internal ) company loan - therefore this see-saw effect should balance out evenly and not be in the accounts ? Even if it's external and not Intra why was it so high ? Why was it not hedged - even small companies do that ! That well in Autumn better be a gusher

time to appoint a pr person ….

M $ S has the worst marketing dept in retail. this is good news, because, when they change, this company can make decent progress. The marketing is simply shocking.

Ladbrokes has been a slow starter in regard to online, but they have the might and clout to catch up and conquer. I bought in last week. lets see

agree Kev4, a good PRO would do Petroneft the world of good.

I broke my 'only buy a laying hen ' rule today. why ? The planning concessions are nearly there. The risk of refusal is acceptable at this stage Almonty bid euro 5.58 per share last year. I took a look at their accounts and things have greatly improved for Almonty since then. They are a handy plan B if needed, they may very well bid again. higher no doubt. The price of Tungsten is above the mines proposed costings. The Canadian Tungsten mine is set to close in the next few years. I looked at this Company last year and did';t quite fancy it then. The reduction in the share price recently attracted me and I though this may not be producing yet, but this type of mine does not cost a lot to get operating , even though that will be an issue for them. I expect the relative straight forwardness of the project should be enough to get finance. I value the share at 12p as a share target to be reached within 18 months. Needless to say, take advice before buying any stock. this is chat forum. a place where small investors can share our thoughts and research.

what happened here? , a tipster called 'Elite' writes it up and …boom…or was this pure coincidence? . Seems that Ceres Ltd is holding shares for a client wanting to keep off the radar, Oil India buying on the QT ? i doubt that

a tidy 1% of the company changed hand before breakfast, it was nice to see, hopefully its some new blood coming in, most likely II dealing with each other.

Spain is a tough place to get profit in. But for now this looks like a small buy. I don't expect the post permit price to jump to much higher , that will happen when the money starts coming in, mark my words… there will be no major lift, it's built in already IMHO, there will be a short spike, but it will settle back.

Oil India did a deep due diligence and they valued the shares at just north of £9 . It's safe to assume that given they were valuing from a position of strength that valuation is conservatively safe . If you buy any lower than that you are getting in lower than Oil India - £20 is reachable only if the wells perform above expectations - Natlata the licence 2nd biggest SH is less optimistic and seems to have stopped buying and taking a hold position . Perhaps a mid price of 7.50 is a real target for the months ahead - good news in Juky could change that

The SP is back to before the life saving farm out deal….makes little sense to me…..I heard they are drilling this summer so hopefully there will be a good announcement

quote Anger was voiced from the floor that shareholders could not vote out members of the board without risking the deal with Oil India. Chairman David Golders said the board had argued against Oil India's insistence on the clause." Really …..I never would have guessed that we had such a nobel and magnanimous board, wow, no about of self sacrifice is too much for them to bare. ….wait a minute…..yes it's plausible that Oil India wanted a clause that would retain the current board…..but why would the board themselves argue AGAINST it. what ? If that is true it completely calls into question their logical reasoning. did they really argue against this ?? I wonder