Proselenes
- 22 Oct 2009 11:14
.
required field
- 21 Dec 2010 08:37
- 1005 of 3002
There might be a tiny pullback followed by another surge...this could go past 500p now...
required field
- 21 Dec 2010 08:38
- 1006 of 3002
.
Balerboy
- 21 Dec 2010 08:39
- 1008 of 3002
thats 10 rf
required field
- 21 Dec 2010 08:42
- 1009 of 3002
That's a long way up.....I'd say by the new year perhaps above 500p....but this is only guesswork....
required field
- 21 Dec 2010 08:50
- 1011 of 3002
Bought a small amount myself....the thing with this company is that there are no negative points..not one...I can't think of any....
hlyeo98
- 21 Dec 2010 09:04
- 1012 of 3002
Profit taking filling in now... 386p now
required field
- 21 Dec 2010 09:05
- 1013 of 3002
Are you shorting it...?...what a great idea !....
Adacol
- 21 Dec 2010 09:10
- 1014 of 3002
Bought a pile more at 3.84....that is me fully loaded!
cynic
- 21 Dec 2010 09:18
- 1015 of 3002
well done boys ..... i know with that invaluable aid "hindsight", i've paid rather too much for this morning's top-up, but i can't see that it'll look that terrible in due course
Proselenes
- 21 Dec 2010 09:25
- 1016 of 3002
The high flow rate and the reservoir quality being far better than the uppermost expectations means........
That fewer wells will be needed for full field development, which means future costs have been reduced and the FPS will now be double what was expected in terms of initial income.
Once the full upgrades are out I expect significant upgrades to price targets, what is Strong Buy and 600p price target today should well be Strong Buy and 800p price target in a few weeks.
required field
- 21 Dec 2010 09:28
- 1017 of 3002
Surprised that it has pulled back....tempted to buy more now...
Balerboy
- 21 Dec 2010 09:36
- 1018 of 3002
19% spread staying where i am.
cynic
- 21 Dec 2010 09:37
- 1019 of 3002
pretty tempting isn't it
required field
- 21 Dec 2010 09:39
- 1020 of 3002
Bought some more.....has to go back up again.....
required field
- 21 Dec 2010 09:43
- 1021 of 3002
A little bit ridiculous this 2nd level stuff...watching the trades that are obviously buys : they come up as sells...complete nonsense some of the blues and reds...
Evermore
- 21 Dec 2010 09:53
- 1022 of 3002
Proselenes-well done, great call all the way on this one.
Do we have any estimates of what their net profit is per barrel for Bentley Oil might be?
Just curious to know what their margins are-I suppose it is similar to a North Sea average cost per barrel.
TIA
required field
- 21 Dec 2010 09:55
- 1023 of 3002
This is heavy crude....
Proselenes
- 21 Dec 2010 09:58
- 1024 of 3002
Evermore, they have very generous tax incentives from the UK government to put Heavy Crude into production, so I would suggest that profit per barrel will be on par at least with standard crudes produced from the North Sea.