Member Info for k7pws

and glad I did. We all know they will turn, but when...its already below expectation. Maybe the long term corn price future is damaging prospects. They will have to show some stability before I look again.

Anyone know of a rumour here?

to buy some at 6.62p this morning. Seems a good price to me.

I thought the trial results were not as good as hoped. Does anyone think they are now undervalued?

tad more interesting today. I've been expecting the sp to settle at 70p for a few weeks, today has been a pleasant surprise.

sorry, forgot you are also good!

Well done. Said you were good. Glue, thats the whole point of warrants, if you believe the sp will be 20p by 2008 you get all the increase with far less outlay. Look at thrw, recently at 50% now about 30% after sp increase. I've no intention of selling mine yet.

I'm becomming an expert at them! I sold these at av 2.53, hoping to buy back below 2.1. Watch the good news flow and they'll be flying out of reach!

stop loss works quite well on a share like blt, but on volatile shares with a big spread I learned in my first week of trading they were of very limited value.

Is there one in these? I think we may be close, depending on where the oil price goes. It is now very undervalued compared to the resources it has. We still haven't heard the result of negotiations with various parties so a sudden upturn is possible. Wouldn't recommend buy yet, although I have put a small amount in this week, but its worth keeping an eye on.

"stale bulls", new technical term. Do you mean they might sell as their shares go into profit? Or that they might buy more?

Do you think this may be a buy on todays news?

however, we have had quite good stability with support when the price falls below 50p. After a brief flurry at 48p we see the support take it above. Maybe not this time but eventually This indicates we are likely to see these rise. I think I will top up again if these drop to buy at 50p again.

showing signs of movement again

and will continue to do so.

Glad to hear your valuation estimate. I was hoping to see 60p on the valuation, 50 will do for now! Having held almost a year its even more attractive for cgt relief!

to come in and find this one has at last moved North. After months in 50% loss, now up 20%. What a difference a day makes!!

2/1.8 1 minute ago. Any rumours?

The proven 3.4tcf Sampaguita field is a little over a hundred miles from the 4.3tcf (plus) shell field which in turn has a 500km sea bed pipeline supplying 3 power stations (30%of Philippine needs)and a gtl plant on the most populated island. It is difficult to envisage any major industrial project being allowed on beautiful Parawan, so assuming Shell aren't interested or can't accomodate more gas flow, perhaps an 800 km independent pipeline may need to be laid to another mainland site. The shell field was developed when gas prices were around the mid to low $2/btu, its now around$6, although the Philippine government control the price more strictly than a free market. Nevertheless at current values the 800km pipe looks viable compared with the 500km one at the time of construction. The upside to this one makes the 4.3tcf Shell field look positively small. I therefore argue the likelihood of this becomming commercial as high. In addition they are fast tracking their coal mine which should produce 300,000t next year. There are further gas leads on joint venture properties much closer to the population centres. And the price is pre gas discovery. I have got to rate this as a buy. P.S. ihavenoclue....DYOR!!!!

Ihavenoclue...Potentially over 20tcf, perhaps 40. I find such quantities difficult to imagine as being non commercial.How much do you think they need?