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I love the fact that we have cleared 2 resistance and that this board is quiet 1-1.20 here we come. plus now there isnt any resistance till 55p

Now we have clearance for a strong re-rate and the next leg up. Here we go

this will cross 0.50p today and move pretty quickly

it does there is nothing really stoping it from doing a mega leg up

looking really bullish if 0.46p is broken

anything up to 1-1.20 is on the cards, with 5 brokers on strong buy already

looking very strong now we should breach it today or early next week

0.45p...........................................

next buy order will push this thorugh

and once the brakes come off oh boy

once that clears boy oh boy, a re-rate is definately on

if we can cross the second resistance this will re-rate

http://www.fiscalstandard.com/2016/10/12/eland-oil-gas-lonela-analyst-target-changes-5/

http://www.com-unik.info/2016/10/11/analysts-set-eland-oil-gas-plc-ela-pt-at-106-25.html

http://uk.reuters.com/article/usa-oil-shipping-idUKL2N1C613I

that, could be possible considering additional work overs which are due, but even if you take conservative figures of a total 15000 bopd thats a lot of revenue, at 50 usd, and assuming we are profitable at 25usd per barrel you can see the picture now, hence my intial coverage of 2 pound

Lads we could breach 45p which is our 52 week high, once that has cleared, then who knows ;) i say lock and load

Hi Matty, i am not speculating, its got the potential to go up to there based. My assumptions are based on rising oil envirnoment, more field workovers which are due to be completed by year end, and also the terminal opening. buy yes on a much more conservative basis is definately due a re-rate to a minimum 1.30p

in my opinion we could easily hit £2 based on rising oil prices and production coming online, things certainly looking a lot more perkier

http://www.cnbc.com/2016/10/04/oil-prices-rise-on-report-of-us-crude-stock-draw.html