Member Info for TexasPete

Headline inflation continued to ease in May, to 8.3% yr/yr from 10.5% in April and the temporary high of 23% in August 2011. The main driver of this weakening in inflationary pressure was easing growth in food prices, which declined to 8.5% in May from 11.9% in April and 17.8% in March. Against this background of downward trend in price growth, the central bank on Monday lowered its key policy interest rate, by another 100bps to 11%. This was the fourth cut since monetary loosening was instigated in March 2012. Expect further easing in inflation and more rate cuts during the remainder of 2012. Meanwhile, S&P last week revised its outlook on the LT sovereign credit rating (BB-) from Negative to Stable. Even so, with relatively low FX reserves, external liquidity risk remains high.

Thanks for interview link, its nice to hear a fairly positive update which is always good in this environment!

Profit warning from Lamprell today hasn't helped the SP here I suspect, but I'm still here and tempted to average down, hmm

I suspect this is putting the pressure on the share price as well as the MMs! http://www.bloomberg.com/news/2012-05-17/russia-fund-outflow-seen-at-300-million-this-week-uralsib-says.html

a small crumb of comfort, but sp still falling 15 May 2012 - Exillon Energy plc ("Exillon Energy", the "Company" or the "Group") (EXI.LN), a London Premium listed independent oil producer, with assets in two oil-rich regions of northern Russia, Timan-Pechora ("Exillon TP") and West Siberia ("Exillon WS"), announces it has been notified by David Herbert, its Non-Executive Chairman of the Board, that on Monday, 14 May 2012, he purchased 42,750 ordinary shares in the capital of Exillon Energy ("Shares") at a price of £1.1535 per Share for total consideration of £49,312.13

Why do you say buy, I'm thinking of selling! Interested in any views!

Where did you hear that?

Nice to see this hold around 430 after going ex dividend earlier in the week. This company is making decent money too, I'm feeling positive with this one!

have topped up as per additional RNS today. I'm still holding, 50% loss now though for me, may well look to average down

Cash burn seems to be an issue so some have said on here and on ADVFN, plus the missed production targets. I'm 50% down now after making a 100% gain on a trade earlier this year, so yes very volatile, but where is the bottom this time though, sub 1.40 would really test my verves and patience!

a lot to be said by using stop losses, wish I had the option with HSBC and maybe I would have escaped this drop rather than being stubborn and staying in!

with hindsight and more trading experience, I guess this was bound to rise as the shares I assume will be worth more on the New York exchange as they will have a higher profile. Anyway, in a small profit for now which is more than can be said of some other shares I'm in!

Yeah I was here long term, especially as I got in at 2.60!! .... I was happy to hold though, lots of potential, but guess I'll have to sell, anyway SP up again, so could be worse!

That's what I thought, sp up though, but annoying, my HSBC account doesnt let me trade on other exchanges, this is the second share I've had this happen along with SYNC!

African Mining and Exploration plc. ("AME" or "the Company") Political events in Mali African Mining & Exploration plc (AME), the AIM listed mining company focusing on exploration in West Africa, notes the current political unrest in Mali, where it appears that certain elements of the army have staged a coup attempt. AME understands that a curfew has been imposed in the capital, Bamako, however the current situation in the capital is calm and all AME staff and assets are safe. There has been no word from the Malian Government and the exact details of the situation remain unclear. In previous changes of government Mali has always respected the law, and Mali and its people have benefitted significantly as a result. Accordingly the Company expects subsequent governments to maintain this position. This emerging situation has caused a delay in the deployment of the new drilling equipment, currently in Bamako, which was scheduled to commence operations at our Karan permit today. Clearly to ensure both staff and assets are protected, AME will only commence drilling when the security situation improves. AME will make a subsequent announcement to the market at that point, with a detailed operational update.

People recognising the value in this company now!

average daily production increased, but 9% down, hmmm

I guess not, maybe some kind of 6 monthly update at the end of this month?

.... results for 2011 are planned to be released on or around 6th March, so I guess we'll know about the dividend then

well all I can say are there are some solid fundamentals here which is not like most of the shares I seem to be in! This could also be a t/o target, a good company in a niche market making money, I bet a bigger fish wouldn't mind some of that, especially with all the cash on certain companies balance sheets these days. T/O is just a hunch and nothing more. Anyway, hope you are still in following another rise. I'm looking at 150p before I review my position here again, G/L