Member Info for munchbox54

Looks like I've got a good habit here. Called the 60p n it's come 2 days earlier. Looks like rns due tomorrow. Significant volume breach and dare I say could exit in to the bank holiday weekend 65p+. With a positive rns could even see 70p. Remember folks 62-63p resistance n once that's popped its going long very strong.

Good find herminator. I think the next 6weeks will be very progressive for ela. No doubt they will be negotiation the use of terminal exports especially with gb-1 coming online in the next 10 weeks or so and possible further agreements stretching in to the new year.

The report of two tankers arriving last week must have come to fruition. There's an additional tanker on the way this week. I think the sp is being played to force sellers but has always bounced back up by the end of the day. Expect a few surprises soon from the updates, if they even slightly mention that some of the oil is now being exported via the tankers then expect a sharpe jump and when they announce fercados opening then we will well And true my be in the 70s. Expecting a blue day tomorrow and fully expect a breach of 60p this week.

Bottmzup. How R u fella. Looks like it's broke 15p after all. This is going down full stop. Where it stops is a good guess as it's broken the trend downwards just as it did upward. If it doesn't hold 12p then something is very very wrong here. Still no rns ? Shocking OR by the company. I wouldn't trust these con artists one jot mate.

Chrisdp86. I didn't hold or short mate. Just had it on my watchlist. Studied where it was going. Can't believe they never issued rns when sp doubled. Glad you did well. I've got a lot of experience from trading over 10 years mate. Can still see it bouncing but it's hit 15p today and that's support. Next stop Is 12p major support.

Lol. There's a more recent update. I posted link on my post. Surprised with 5% drop here. I ticking sellers but I'm here until the end of the year.

17p breached. Exactly as I predicted. Hope u fellas banked profits. Can see more selling pressure with a strong support at 15p n will Boyce from there back to 19p. But it will hit 15p first. Good luck.

58p breach coming up !!!

And still dropping like a knife. Don't catch it fellas. U have been warned !!!

Looking at the recent presentation, the production really takes off start of 2018 and peaks 2q 2019 towaRed somewhere north of 90,000bopd. With partnerships of course. If we can get to 45,000 bopd by 2019 then your looking at rough revene of $712m on oil price of $45. If oil as expected is much higher than $45 in 2019 ( $60-75 forecast) then u have a company who's revenue is more than $1billion and a seriously life changing sp, we won't get there .... no chance, takeover will be done way before then. To make our case even stronger .... they don't need to raise 1p from us poor investors lol to get to that target. Looking at 60p close of Friday this week.

Dropping as I type. Looking to go down to 17p as I said last week. Learn to bank profit gents.

Loool. Only messing. Yeh £1 is inevitable here. I would say end of September start of August. It really needs to break the 60s n then the game is on.

You must having a laugh fella !! 10% ? It will be 15% minimum. I'm going for a 7-8p rise because that's half of what was taken from the sp when it was closed, although it was a higher sp at the time. I think there's many waiting to jump bk in but are waiting for the official opening with improved security n now we also have alternative route also making us more de-risked than before. It's only a matter of time before a high street paper tips the stock n we put on another 15%. Can see 75-80p very quickly here.

From today .... http://oilprice.com/Latest-Energy-News/World-News/Nigerias-Forcados-Terminal-Set-to-Make-At-Least-Two-950000-Barrel-Shipments-in.html Looks like the initial shipment process is starting this coming week and will Probably gather full flow and officially open by the end of the month. Look for a positive movement in the sp.

It's just suddenly dropped to 22p on bid. I don't think this will go up again unless that news or any positive news is released. Can see 17p by Wednesday next week.

Good luck guys n well done. Plz Remember to bank profit.

Side kick. You have got it spot on mate. It's all BS here and it's going back to 12p. It's still worth $150m at current price. Nothing but fishy guys on bod of this stock. Never would I invest in lek. Truth is people should stop blinding themselves n realise this is a con n move on. But they keep ignoring the price drop ....well it will sit at 12p very soon !! You have been warned

Sell. Can see 17p again

" safe detractors " ???? Lol. It's sidetrack

Cheers elland. The key fact here is the terminal coming on alot sooner than expected. I think now the sp will move much quicker n in bigger % because the risk is being reduced considerably with the terminal export of its oil. They say op-7 will be safe detractors end of June, anyone got an idea of how long that might take ? I'm thinking typically sidetracks are 30 days or so. Either way the sp is about to move n quickly so here's to the ride that's about to come !!!!