> http://www.investegate.co.uk/Article.aspx?id=200804020701443743R
http://www.imperialenergy.com
http://www.investegate.co.uk/Article.aspx?id=200807040700042799Y




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img src="http://charts.moneyam.com/Chart.aspx?Provider=EODIntra&Code=IEC&Size=700&Skin=BlackBlue&Type=2&Scale=0&Span=YEAR1&MA=&EMA=&OVER=&IND=&XCycle=&XFormat=&Layout=2Line;Default;Price;HisDate&SV=0">
cyril

Well over 3 million trade by close(27m), IEC has often responded prior to news release, so lets hope thats the case this time?
cyril

25 dma nnow soundly breached with strong impetus, and 50 dma now just about broken ..... if that holds through today's close, then very encouraging indeed until 200 dma hit at abiut 1030; that often proves quite a hurdle, though IEC is strongly driven by sentiment rather than underlying value or fundamentals

bloody hell! ..... no more to add i think!!!!!

See what comes of not being so cynical, seriously i,m not so sure your correct
on the fundamentals? If we look at them, they have 802mboe P2 and a further
2500m P3 resources, their own pipelines, 11 rigs operating a further 3 recently
built and in the process of delivery(various stages, of the latest design, so much
more efficent,and helicopter transportable), 6400bopd at present with a further
increase already taking place. A field in Kazakhstan which is to be spudded later this year,put these facts in a western country and the term skys the limit would not be out of place.
cyril

you misunderstood ..... IEC fundamentals look pretty good, but sp seems to have a mind of its own

Excellent news just logged on after being out all morning. Cynic you must be a happy bunny. I look forward to (your) next top tip to earn me a bit of profit.LOL

Cant see any reason now for this not to take a steady recovery back to 15 may be even 20 or 25.

Cynic off thread Vane Minerals are a bargin price.Good news there as well. imo

Fine, i think its all down to the Mitvol problem, many others have suffered too.
Creates uncertainty and makes for nervous investors, with the news of no
legal problems i feel its business as usual.
masochist cyril

thanks blanche, but i already have a modestr tranche, though they need to travel a lot further before i am back in profit

back to IEC
if one is being very aggressive, then keep your fingers crossed that sp can today breach and hold at close at >1030, being where 200 dma lies

ssresearch.aton.ru/themes/research/daily.asp?folder=1542cyril

Closed at 1060 up 15.34% well and truely above 1030. Expect this to be through 1100 tomorrow. P.S Cynic have you turned over a new leaf, Relying on things like (fingers crossed)! have fundamentals and charts and things gone out the window lol

fingers crossed seems to be more effective, though it was the chart that first enticed me - that and your charm!

MOSCOW, Sept 20 (Reuters) - Five Russia exploration licences have been withdrawn from units of London-listed Imperial Energy (IEC.L: Quote, Profile , Research), Russia's environmental agency Rosprirodnadzor said on Thursday.

The licences include three exploration licences of Imperial Energy's unit AlyansNefteGaz, and two exploration licences of the firm's another unit, Sibinterneft. Both units are developing oil and gas deposits in West Siberia's Tomsk region.



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GIVE A BLOODY BREAK !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Just read recommends ? SP in some sort of recovery?
cyril

CRAZY !!!!

You could of just brought at 9 ish 10 mins ago.

Seems its a big con, the Rospir does NOT HAVE THE POWER TO WITHDRAW.
Rosendra responsable for licences, has stated NONE OF ITS LICENCES ARE TO BE WITHDRAWN.
They noted some licences required siemics within 3 months. dated 1st June.
cyril

Ruskies probally panicing the market to aquire some more cheap shares. Think company should issue statement.