Member Info for steello

The next news due is this month : 1. Engineering Design Complete Costain 2. All Investigation work on samples complete DEEP KBB 3. Cavern Design & Rock Mechanics Complete DEEP KBB Do you think an rns will be issued for any/all of these, bearing in mind the works are being carried out by Costain & Deep Kbb? Thanks to anyone who answers.

Yup. Submission in December

Took another 500k shares at 61.8. Too many director buys for nothing other than good news. Gla

Took another £3k @.55. Patience is everything here. Gla

How this is dropping today but every time I try to buy on HL it goes to NT. Should be easy to buy, shouldn’t it?

Joined the fun here after reading up over the last few days. Been a while since I felt good about a share. Gla.

Spammed lots of the boards with exactly the same message.

Investorjunkie.com. Looks a decent website too be fair. Hopefully the first of many acquisitions.

Probably a big order being filled in the background. Update due over the next few weeks so let’s hope for the best. This was priced as a high growth stock, hence the valuation before the profit warning. The placing was at 1.98 and as yet doesn’t appear to have been used yet so buyers are quite rightly spooked. Until we get an update, is there any reason to buy here? Gla,

On XL Media’s website ‘The Company has historically paid dividends and intends to continue doing so. The Board’s policy is to pay out at least 50 per cent of retained earnings by way of dividend. The Directors will continue to monitor the level of cash retained within the business as well as investment opportunities available to the Group and, from time to time, review the appropriateness of such policy.’ Doesn’t answer your question but at least you know what the Bod are saying at the moment.

Anyway. It’s September

Blimey, the post disappeared !

I think we get the interim in September

Sorry Riv, it was already in your post

Also from Cenkos - 15% increase in divi forecast.

This may be of interest from the rigzone site for people like me who have no knowledge of the Oil business ‘Artificial lift is a process used on oil wells to increase pressure within the reservoir and encourage oil to the surface. When the natural drive energy of the reservoir is not strong enough to push the oil to the surface, artificial lift is employed to recover more production. While some wells contain enough pressure for oil to rise to the surface without stimulation, most don't, requiring artificial lift. In fact, 96% of the oil wells in the US require artificial lift from the very beginning. Even those wells that initially posses natural flow to the surface, that pressure depletes over time, and artificial lift is then required. Therefore, artificial lift is generally performed on all wells at some time during their production life’. May help settle some nerves. Gla

Well said pazzuz. i remember you getting slated on advfn for questioning Ory’s silence as the share fell and Blackrock sold down. Ory’s no god, hopefully he’s still a good businessman and can get Xlm back on track.

Yehuda Dahan, Chief Financial Officer Buys 50,000 shares

I’ve bought at 1.17, 1.19 & 1.24. Decent profits, decent divi, £30 million placing money unspent, participants in the placing paid 1.98, director buys and my average is now a lot lower.

Ory tops up again. I wonder if any of the the other directors will follow suit? Good that he’s put his money where his mouth is but unfortunately we know we won’t be getting any acquisition news for another month.