Member Info for leedskier

the reduced rate of CGT should see more inward investment into equities...and reduce the need to commit to sips...

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FOGL farmed out, they are still involved but at a 'price'... the view with the advfn BB (shared by the city when it was revealed) was that they had given the silver away; a similar deal is being struck with the other UK oil explorer out there...

here 2.6% but after close in London, 3.55 in Canada...

BHP have stitched up the Falklands under farm-out agreements

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I will monitor it closely )

Highland Gold. Rosprirodnadzor routine unlikely to mean license revocation Russian environmental watchdog Rosprirodnadzor submitted the results of its audit of Highland Gold Mining's (HGM) Mayskoye deposit to the special commission that that resolves license revocation issues, Interfax reports. The document reiterates Rosprirodnadzor's long-held view that the license agreement was violated and recommends that the commission withdraw HGM's license for the Mayskoye deposit. The stock was down 5.8% on the news to $2.47. In our view, the news fits with normal administrative procedure: Rosprirodnadzor submits its arguments to the commission, then the company allegedly in violation, in this case HGM, opposes them by filing clearance documents to prolong the license agreement with the higher-level Russian subsoil agency, Rosnedra. Thus, we do not view the news as negative for the stock, which we believe is more likely to be driven by ongoing M&A speculation in the sector. We rate HGM Buy with a 12-month target price of $2.85 http://research.aton.ru/themes/rese

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http://www.aton.ru/en/news/publication.asp?id=76199&page=1&order=pubdate&type=media

Aton - Look abroad to tap Russian oil. According to The Moscow Times, little-known foreign companies are gaining the attention of Moscow brokerages looking to satisfy growing customer demand for oil assets - and potential takeover targets - in and near Russia.In a recent study sent to clients called "Back in the U.S.S.R." Aton investment house announced that it had initiated coverage of five foreign-based companies with core oil assets in Russia and other former Soviet republics."Driven by a constantly shrinking number of quality small-cap Russian oil and gas plays on the one hand, and the acquisitive ambitions of leading Russian oil majors on the other, we decided to expand our small-cap oil and gas coverage to the frontiers of the former Soviet Union and beyond," Aton said.The study focused on 11 companies with market capitalizations between $20 million and $1 billion. Of these the brokerage selected five that in its view "offer the right mix of attractive fundamentals, appealing valuation, adequate liquidity and a favorable risk-return trade-off."The stock of British-based Dragon Oil, with an estimated upside of 299 percent, tops Aton's list. Dragon, according to Aton, has a promising asset base in Turkmenistan's section of the energy-rich Caspian Sea.Another British company,

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City likes him...

house prices are overdue for a correction...

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by Lord Harris at 1250 a share...7.75% uplift

Credit Agricole acquires 4.18%

Yes, I recall that when the sub prime issue surfaced, watching the CEO being interviewed on BBC 24 and him stating they were not exposed to it. The market nevertheless marked down the shares because of 'China bubble concerns'. It is good to see it making a strong come back...

The p/e stands tonight at 8.019; its lowest year ending in the previous 5 yrs was 10.7 on 31 Dec. 2004, when its sp was circa 925p.