Member Info for stuartv

I reckon your bang on Planterman. Clear out all the SL's and with an imminent RNS due for OP 9 the fiendish devils will sell them on.... with a hefty margin added.

More risk averse.

Average of around 65p for me. Done well with this share. Might find out more of the forward plans when Eland hold there AGM next week. If peace reigns in the Delta the company will report an actual profit for 2018 which I hope/think will bring those investors who tend to be less risk adverse.

Herminator only you know what is best for you buddy. However for what it is worth I am sitting tight as I reckon this share has alot further to go yet. Loads of good news due over the next couple of years (militant action permitting). On three separate occasions I developed squeaky bottom syndrome and sold out albeit at a profit and ended up regretting my decision. Of course each new buy in resulted in a dilution of my holding. Decided to take my own advice and stick with it. George and team have always always delivered. Best of luck whatever you decide to do.

90 barrier broken and tested. Next stop a £1. If not with Op 9 but definitely with 10. Quiet in the Delta so onwards and upwards. GLA.

Thanks Planterman you have captured it well. A few aggressive sells but the MM's haven't dropped the price. I reckon they are sitting on the recent sells pending the delivery of Op. 9. Hopefully 90 will soon break.

https://www.today.ng/news/nigeria/107971/niger-delta-militants-withdraw-ultimatum-president-buhari-general-borohs-recall/amp/

Good luck to you Sir. Hopefully not too long till it reaches a £1. Maybe I am niave but I reckon around the £3 mark in a couple of years. No profits at the moment only jam tomorrow. Next year profits will be announced and more investors will join our bandwagon. In 2020 with hopefully full production the sky is the limit. Who knows probably not me. Of course a stable environment in the Delta is a prerequisite but things look fairly positive on that front GLA.

Hughleisure are you still with Eland. I enjoyed your posts.

Planterman I think/hope the SP will slowly edge it's way towards a £1. I reckon when OP 10 is up and running the price will break through the pound barrier. However it will probably fall back into the 90's and bounce around there. Not sure we will see any Stella growth until the 2018 results come out next April. In for this share for the long term possibly 2020 before we realise it's full potential.

Well spotted I missed this as well. Great news not only in terms of dividend payment but also a great boost to the SP. "Although the Company has not proposed a dividend in relation to the 2017 financial year, we look forward to reviewing our dividend policy in light of our improved financial performance, increased production, and forward work programme in 2018 and beyond."

Bondsandbarrells I am not sure if I can help you on your tax query. However this YouTube clip might be of interest. Apologies to the other contributors on this site how have already seen it (and you if you are familiar)but I found it very confidence building. Any way for what it's worth. https://youtu.be/B8iF8oJI5KU

Well summed up Daysleeper totally agree. Great contribution.

Someone is trying to push the price lower today. Lots of small sells around similar/ish quantities.

A very quiet period with ELA hovering around the mid 80's rock steady on low volume. Daughters wedding and week in South Africa during doldrums. Hopefully RNS by the end of March confirming Op 8 is fully operational and confirmation of Op 9 and possibly news of Op 10. Continual good development news until June AGM. Profits will be massively up - only the start. Roll on Betty Oak Ham.

https://simplywall.st/stocks/gb/energy/aim-ela/eland-oil-gas-shares/news/eland-oil-gas-and-other-top-undervalued-stocks/

https://simplywall.st/stocks/gb/energy/aim-ela/eland-oil-gas-shares/news/eland-oil-gas-and-other-top-undervalued-stoc I intially could only access part of the article but registered for free trial (very simple even I can do it).

Broke through the 90 ceiling today still more good news to come so will go higher. Almost at the stage when Eland will be cash rich so if the trouble kicks off in the Delta any impact will be marginal and short term - unless they specifically target ELA which is unlikely. Good luck to all.

Thankyou Bigspike. Very interesting article. Just the tonic to overcome the gloom of today's marginal drop.

And Kevin. More of a long term bet of my behalf for a share that will remain nameless. Greatly reduced.