Introduction to AIM in May 2007. Market Cap 64million at placing price of 38p per share.
Raised 39million from Institutions for building a portfolio of oil and gas assets in Central Asia.
Completed purchases of Ravninnoe and Beitars oilfields.
Strengthened company infrastructure.
Further aquisitions for 95million on 3 oilfields at North Karamandybas in Western Kazakstan. Value greater than current M Cap so treated as a reverse takeover, hence companies suspension from trading.
Option to aquire 50% intrest of two assets in Aktobe Oblast for 213million to be paid by cash or further flotation or a mixture of the two. Ownership of this asset is being contested in the courts and a decision is being currently awaited.

CHARTS

Some posters do not believe on them, but they play an important part on the movement of the share prices short term
We have at the moment the Indicators rising since yesterday from oversold position, also MACD at the point of crossing UP on divergence (blue line crossing red )
And the last volume increasing with share price rising is very positive.

WH Ireland brought out a BUY note on 5th june and it reads very positively indeed!!..Philip Morgan is the analyst who is well respected and he hints that the funding is well underway/advanced stages,etc, and the shares will react VERY positively afterwards..I managed to pick up some shares last thursday at @13p level before I saw their note which a friend of mine sent me..he held the shares already from much higher levels but bght more at the same time as me..lets hope LOL on the way!..I see some people are talking about 25-30p level after funding has been completed on the ADVFN bb's..!..BUY!!

Any idea where this is going to Master?
Do the charts tell us?

Going purely on chart, I would hazard an intelligent guess and say the shares are currently on a recovery phase and, subject to funding confirmation due very shortly we are led to believe, they should continue their uptrend to I would guess again into mid 20's...say..25/27p...after that who knows!!..30p...35p...45p...55p..etc..!!..the shares are very cheap anyway at current levels of 15/17p thats for sure!!..still a STRONG BUY !!

on the way up again?

EK appears to have shorted Roxi anyone know why?

time to get worried if ek is shorting

please! get a life.

How do you know that Halfiax?

They don't.

Final results due latest end of June should make interesting reading.

who is EK ????

Dealerdear, you are certainly very quiet in SOLA.

ek is evil knieval, about the most well known bear raider in uk. he's usually pretty good at shorting shares from the ones that i've heard about.....and rxp sudden drop now so i'd be worried if i held these

Where can you find out his dealings?

I agree, scot, EK's longs are not as powerful as his shorts.

If it makes you happy hlyeo I'll post on sola later.
As for this, this is just the MM's trying to put the frightners on.
I'm quite happy to hold post hols when IMO I'll expect to make enough so that I can go on yet another holiday this time with two glasses of whisky in one hand and two beautiful women in the other...

u must have big hands!! u trying to copy george best?

My well informed source told me this evening that he managed to pick up another 350,000 shares today @14p level..he bght a similar quantity last wednesday at below 12p and I followed him on thursday and bght at 12.95p...he says the news coming will be VERY positive indeed on fund raising accompanied by encouraging drilling results...watch this space!..the shares are still VERY CHEAP he says!..BUY for LOL guys!

On the rise again!

Like a bloody yoyo