Member Info for oilriches

sterling energy eyeing up chariot oil and gas for a takeover? makes sense to me

http://www.*****************/sterling-energys-117m-cash-appears-markedly-under-represented-in-its-market-cap-of-39m-62m/

drilling planned in 2017 with a carried 40% interest. Once this starts in 18months we could see 50p added by these alone

over $100 million in cash with no debt. drilling planned in early 2016 in Mauritania. somaliland sey are free carried on 2d and the first well, 2d to start early 2016 by genl. sey also hold other interests in Mauritania, Cameroon and Madagascar. These should be valued at least 50p a share

to get out here after this placing

the main holders is the family of the business......They will not be bothered what way this goes.....They own 90% of the company and could leave aim if things get really bad

are picking up here....looks like sub 30p next week

like a sell off is on the cards the way the sp keeps falling

looking good here short term

cash in the bank....This company are a solid 18 month hold

in the bank http://www.edisoninvestmentresearch.com/?ACT=18&ID=14590

good luck here....I think the bottom could be 6p...

http://www.telegraph.co.uk/finance/markets/questor/11127308/Chinese-firms-offer-great-riches-but-the-risks-involved-are-even-greater.html This is exactly what this company doing

Good point. My only concern is that cash in bank is going to tighten once the other factory is up and running.....could be interesting if grow picks up

Let's hope they are legit. How are u looking at future growth here?

They are building a new factory the land is costing £21million and I suspect the listing is to ensure this expansion. Have a read on the net about Chinese companies on aim.....never good endings. All the best here and I will certainly watch these to see how things pan out

I don't expect these to be listed long hence the cheap price

Is looking better today 18p breaks the 50 and 200 day moving averages

You must admit that fair value here should be 30p based on cash alone. I am waiting for the drill in somaliland within the next 18 months or so, which promises to be massive

http://everyinvestor.co.uk/2015/04/16/potential-oil-gas-takeover-targets/