Member Info for obone

Thanks, K3VMC thats how I see it.

The TPI hosted investor evening tonight at 5PM at The London Capital Club, 15 Abchurch Ln, London EC4N 7BW Presentations on WRES, SRON, FLX, SBTX, PHG TPI have been brokers for these companies for previous placing or IPO If you can go and challenge Mike Masterman and Sara Edmondson (CEO maternity until Sept) over SP fall face to face in Q&A or privately. I have not long ago, had a denial of placing from Mike and an email from Stefania Barbaglio, PR to that effect.

I'll see if my trading against trend and crooks at Share Profits and Proactive Investors works.

My 74k buy is showing as a sell on HL

Anybody go to the Oil Capital conference today and see MM & SE ?

Thanks for link - more questions than it answered Michael Masterman & Sara Edmonson (officially on maternity leave until September) Steffy & Zak seemed to worry them about SP. They then started running through lots of production speed up options. - Silaro is still producing now and was not expected to. - Early Silaro 2 diviated well - Bezzecca 2 should double or triple production - Because RNS on Sant Alberto delay today and interview yesterday the progress was skirted. - if Po Valley asset deemed near production could be brought into Saffron Energy. - Always looking at acquisition opportunities. (against slow, steady, risk & debt free growth) - All options open including dilution to increase production quicker (ruled out a month ago)

Hoppo, Sorry to hear you have a big % loss and decided to quit it. (We all have waited ages and its goes from bad to worse) Quite understandable. I wish you luck in your other investments.

ma5k, Thanks for letting know you're out. Just wish SP performed in line with fundamentals. Good luck to you as well.

Missed the 5 minute buying opportunity at rock bottom price

Delay to get production concession is not what we wanted to hear. Nevertheless those holding the small number of free float shares will stay the course (including me).

Courtier, Good luck - to all of us heavily invested. Increased flow & revenue news is not long off.

Stefania Barbaglio <stefania@cassiopeia-ltd.com>

gemstar, Thats what I believed - that this a secure AIM share compared to others. I just think people took their 5p listing profit especially on SP slide. You may well be right - there's always insiders. There is always attractive near term speculative other AIM opportunities that may or may not come off.

But Bezzecca 1 is already producing at one level. Lower levels are being comingled by about eom increasing production. Would like to hear your replies here.

One phenomena that has been consistent on both bb and Twitter - when someone makes a price impacting prediction and its wrong they are not big enough to omit it. I know MM has made WRES placements but SRON is a different animal. If I am wrong and there is a placement I'll eat humble pie later. See if others do same.

Lets hope you guess wrongly. I'd like to think its more to do with getting II on board. I asked MM at The Investor Event on the 24th May and he flatly denied a placing was going to happen. I have also an email from Stephania Barbaglio to this effect.

Investor14, Of course a multi TCF resource would be great but SRON strategy is low risk opening of known areas that ENI use to manage. ENI, Italy's national gas company, were forced to sell off areas and SRON picked up areas and great staff such as Georgio Bertuzzi (30 year's ENI experience). The Bezzecca gas comingling of different levels will increase daily rate at end of month (see previous RNS for rate). Sant Alberto has been drilled and will be connected by eoy. Bezzecca 2 will follow in about 18 months. The income is in euros and gas is sold to Shell at 80% well head price. Debt is 420,000 euros. No placement is needed and confirmed repeatedly by MM - if the development is paced with cashflow. I don't know how you can suggest a different strategy without expert local knowledge.

MM should not do any interview until the gas level comingling has been done on schedule and not before.

I just bought 73,489 shares @4.89 £3.6k incl charges

Wisecrow, Good post. Tend to agree.