Member Info for stuartv

Thanks Munchbox. I am in the same region as you. Feedback appreciated.

Seems to be lots of relatively large sells today. Can't fathom it. With positive drilling news pending (hopefully) do they no something we don't. Could it be some of the institutions putting liquidity into the market for when the share goes North. What do I know. Any views.

Or maybe Helios has an update

Hopefully the bod will show some respect to shareholders. At least give us an interim update on drilling progress. Where's the harm !

Numerous trades shown in black over the last few days. Transaction price shown usually mid point between bid and ask. Far from an expert highly unlikely that these are sells due to pending significant production increases. Could it be in case that institutions are stealthily increasing their Holdings at the lowest price possible - hence the motivation of interested parties to depress the share price until the new drill is complete. Then boom for the city boy's. More than likely wrong but food for thought.

I agree Herminator very well made point. The fundamentals are that this location is awash with oil. Along the way there will be rises and falls. The more prospectors who leave the more that is left for those who stick with it. I bailed out of these shares once before and regretted it. Long term for me. Enjoyed your contribution.

Would love to know the long-term/short objective​ of Helios. Nigeria Today seems positive about terrorist activity. Hopefully long term Eland is a goldmine. Fingers crossed share price 70 plus in not to distant future. Love the share banter guys.

New to investing went into Eland in the 20's small. Over commited in the 30's and mid 40's last year. Saw the price dropping and bottled it. Wish I'd stayed in there - cowardice. Lost a couple of grand. Got back in at 55 and gonna stick with it. Maybe I am a fool but will regret if I miss the curve. Enjoy this website and the contributions from luckcounts, the herminator, planterman and last but not least lunchbox.

A couple of sizeable trades from 16 June just appeared today. Seems strange why the delay ?