The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
I am just concerned that they may have to fund further trials etc. It is difficult to know but the rumour does seem to be circulating.
My average is down to below 14p now (I took it down to 12p) and I have been in for a while now too. It has been a share which requires a lot of patience but I think the news flow is about to pick up.
Delayed trades and several of them. There is more news to come I think. Masterblaster, if you are looking to get in near to 9p I would do it soon.
Billtopo's post was one of the laziest attempts at a deramp I've seen. I suspect he was trying to short these as it was obvious to anyone who has follwed this stock that last RNS was good news.
I see this as a real buying opportunity. The potential MkT Cap for this on the back of news would be astronomical.
Just heard this from friend in city. Abyone heard anything about this? It might explain all the sells in here?
http://www.proactiveinvestors.co.uk/companies/rns/120314eneg2887z
This sort of evelopment could be the way to grow steadily for Kedco. Not a huge outlay up front but sutainable and with partnesrships created between Kedco and developers. Very good news.
I tend to agree - SP had fallen quite a bit before the pike on Arysta news too. Tends to happen with this share. Seems to be mostly low volumes as PIs are spooked by SP falling for no reason.
Believe it or not... it's your choice. http://newrytimes.com/2012/02/14/kedco-newry-plant-still-on-track-for-commissioning/
There does not seem to have been an RNS for this? http://www.wnif.co.uk/articles/868/1/Agrovista-UK-Distribution-deal-for-Plant-Impacts-InCa/Page1.html
Worth a read. http://seekingalpha.com/article/412511-newfound-billions-of-barrels-of-shale-oil-in-newfoundland
Further to the release dated 15 February 2012, Enegi wishes to announce it has received encouraging news from McCaffrey Consulting Services Ltd., an independent consultant reservoir engineer engaged by the Company, that preliminary analysis, based on transient pressure data captured following the acid injection, indicates the bullhead acid squeeze has been effective. The data suggests that connectivity to the reservoir has improved significantly with the effective producing length of the PaP#1-ST#3 well ("the Well") more than doubling and fluid mobility increasing by approximately nine times. The Well will now be flowed to confirm the veracity of the analysis and the Department of Natural Resources ("DNR") has been informed of the intention to bring the Well back online over the following days. The Well will be flowed back at controlled rates to remove injected chemicals and spent acid whilst ensuring wellbore pressure does not drop below a certain threshold.
Should be a good end to the week.
Further to the release dated 15 February 2012, Enegi wishes to announce it has received encouraging news from McCaffrey Consulting Services Ltd., an independent consultant reservoir engineer engaged by the Company, that preliminary analysis, based on transient pressure data captured following the acid injection, indicates the bullhead acid squeeze has been effective. The data suggests that connectivity to the reservoir has improved significantly with the effective producing length of the PaP#1-ST#3 well ("the Well") more than doubling and fluid mobility increasing by approximately nine times. The Well will now be flowed to confirm the veracity of the analysis and the Department of Natural Resources ("DNR") has been informed of the intention to bring the Well back online over the following days. The Well will be flowed back at controlled rates to remove injected chemicals and spent acid whilst ensuring wellbore pressure does not drop below a certain threshold.
I like this company a lot. Fundamntals are great and I have confidence in BOD. Should continue steady rise towards next big RNS.
I'll take the steady rise until the RNS. After averaging down I am at break even again but want this to move on steadily for now.
Have you been researching this share lately?