Member Info for takeachance1

Whats the target level for commencement of underground mining, is it 165mbs or 185mbs?

KOMI- Target depth to be a hived by early July. Delayed by approx a month, but good news is that no additional cost will be incurred. PETROSAKH - Good progress and expected taget to be reached by mid June. ARCtineft- Shipment of 237k barrels due in June. Roll on June!

Anyidea anyone why sells have continued? Large order still waiting to filled??

Kip, i guess you beat me to it. I also feel a big buy may pop up later on. As for the the pre consolidation sp, i also see us hitting the teens resulting in the sp post consolidation wavering in the region of £3-£4ish, who knows maybe more. If they do decide to pay out a dividened And less shares in circulation (252m / 20 = 12.5m), could see the company being more attractive to potential investors. GLA

You posting on the right BB mate?

What is your take on, i) the company chances of coming out of suspension?. ii) the company being wrapped up? iii) a possible takeover? iv) the shareholder value (sp) in each of the above scenarios?

maybe takeover talks, who knows.

And the 4.2million on Monday.

Either way, still no production update!

I had a feeling the herd will be arriving to eat up the sells. Hoping for a blue finish. Gla

has held well considering a sea of sells since last week. Hoping to see a blue day tomorrow.

It was 40p+ in Nov 2014 following the 3 mou announcement.

Its good to see the loan being advanced Petraco this year ($3m) is half of what it was last year ($6m)

Apologies wrong bb

Its good to see the loan being advanced Petraco this year ($3m) is half of what it was last year ($6m).

If the sp continues an uptrend then theres every chance the sp post consolidation (20:1) can be sitting in the £3-£4 bracket (15-20p).

Although the Rns states 20:1, can it be less, say 10:1 or maybe 5:1? Any thoughts?

Thanks

If shares are consolidated 20:1 does that mean sp will be up by 20 folds?

Probably not long enough to know the ups and downs and the potential!