Member Info for Swiss1

WackWack it's Interesting the article stated that Numis have said the figures were 'soft', they today reaffirmed a Buy rating and set their price target at £4.50! These drops have been well overdone in my opinion, profits up, dividend up, share buy backs resuming, I must be looking at the wrong chart?! Hopefully we'll see a rise soon GLA.

Not many posts recently, unsurprising considering the share price has had little movement for a while. However after a positive trading update yesterday are we seeing the start of some upward momentum at last?! This appears to be a good defensive stock, targets and debt in line with market expectations with the potential for growth now the mill development programme is complete.

Lacroix I see you continue to look at this from a glass half full point of view : )

A nice positive and encouraging RNS regarding the Argentina work-over programme IMO. The fifth field 'free flowed good quality light oil, 43 degree API at rates in the range of 50-80 bopd without the need for planned stimulation or downhole pump' and potential prospects from the old wells as well as new ones.

Quite board for a positive update today?! Nice to see gains in both production volumes and recoveries showing the changes made have been effective. Continuing decent safety record, on track to meet full year production guidance, followed up with the non exec picking up 43,250 shares!

Think that's the update we were hoping for! Gas production up an impressive 104% with further production and revenue expected as we go forward. Still well undervalued IMO, onward and upward!

Eish thanks, after taking a bit of time to read up a little I decided to sell out here at a slight loss. I didn't have a large position here but I do have shares in another mining company based in SA and felt it was right to decrease my exposure. Nothing to do with the company, in fact far from it, just factors outside of its control. It's a shame, this updated mining charter is all a bit short sighted IMO. GL to all current holders and if circumstances change I'll be back!

Walt84 sorry for the slow reply and thank you for your post. Like you I agree a 'hard' charter would be completely detrimental to the people as the big mining companies start to redeploy assets and potentially reduce operations, thereby employment opportunities for the local people. Hopefully some sense will prevail! This is a decent company with a bright future IMO.

Cantor Fitzgerald reaffirms a Buy investment rating today, target 102p (previously 107p). That's three from three, all good news IMO, just for info.

Peel Hunt reaffirms a Buy investment rating, target 125p (previously 140p) Liberium reaffirms a Buy investment rating, target 105p (previously 110p)

Up 15%! Very welcome indeed given the recent drop! Is it just the price got too low for the value the company? Or is there something else going on here?! Anyone with any insight would be appreciated!

Competition from online retailers is a constant threat in all sectors, but if Topps continue to build the local trade accounts and negotiate some decent base purchases the personal touch may win out. He's not had much luck of late but at these prices Woodford may have got a long term bargain IMO.

Thanks obone, it was a day I'd rather forget! dactions is right in his post, patience is the key here. I'm tempted to top up at this price but I'm holding for the upward momentum. Plenty of upside here for those prepared to wait GLA.

I wonder whether the share price might strengthen here given the dissapointing news issued to Sound Energy shareholders today regarding the Badile well (of which I was one!). Surely it shows just how strong a position we are in here with a commercially viable asset being sold direct to the grid?

Liberum Capital reaffirms its Buy rating target 206p (previously 228p), finnCap reaffirms its Corporate rating target 150p (previously 222p). The share drop is understandable given the news but this should now be fully reflected in the current price, if not overdone. Either way the brokers still see a substantial upside to this, especially if consumption levels increase. Just for info.

Disappointed as everyone the share price has dropped so much today. Having read the share prophets article (thanks for posting the link by the way) it is easy to see the frustration by those that have a better understanding of this area than most, but it's still finished off with 'I really do think Saffron have gas assets that have a real value'. Delay has affected the share price here not the assets. Sorry to those that have sold out today. I hope management grip this quickly, holding as this should come good in time.

Thanks, I did see a recent article on that. Not sure how much impact it'll have on Tharisa but I'm hoping it's now factored into the recent drop, and we'll start to see a rise!

Thomas let's just hope I'm not saying good price to top up at 4p! Agreed the selling is very strange, especially given the company's strong position and lack of any negative news. One would like to think if there were any issues an RNS would drop.

I had a few more at 5.12 too although it's showing as a sell. A good price for a top up, lots of potential here!

Does anyone have any ideas behind the drop here? Chrome and Platinum prices appear to still be stable and I can't find anything negative anywhere?