Any experts out there with a view to todays RNS on Algerian gas find ?
Looks good to me but sp is down
Thanks in advance nr

Gerp.wait for this deal to close.

That's what I was thinking...........I feel we will see some movement thereafter.

A waiting game I feel.

Flipping-heck, it has gone very quiet on this thread.........However, is little "Stinker" coming back to haunt us again?

MM's moving in!!!!!!!!!!!!!!!!!!!!!!!

Could this be the time they moved Northwards a little?

RNS Number : 3664N
Petroceltic International PLC
27 September 2012











Petroceltic International plc ('Petroceltic' or the 'Company')









Holding in Company






The Company has today received a notification from Worldview EHS International Master Fund and Worldview Special Situations Fund, stating that the Worldview EHS International Master Fund and Worldview Special Situations Fund together have an interest in 151,980,668 ordinary shares which represents 6.414 per cent* of the Company's issued ordinary share capital.





* This percentage shareholding is based on a shares in issue figure of 2,369,605,049 ordinary shares.





Dublin: 27th September 2012






This information is provided by RNS
The company news service from the London Stock Exchange

END

Trading at a slight premium to 5.26p which I make NAV. Interesting to see what effect Melrose gearing will have on new group accounts, one for the watchlist..

Topped up yesterday........My average is 7.5p........I am up really, as I sold out at 8.25, then bought back when the merger was released, should have waited; I am tempted to buy more at the current sp though?

Only good RNS will make this baby move....IMO!

http://oilbarrel.com/news/petroceltic-international-adds-to-its-egypt-portfolio-as-it-plans-10-wells-over-the-next-12-months

Need Isarene fDR here toute suite.

Bit of movement this afternoon as PCI present at Merrill Lynch Conference tomorrow.

Hey Guy's........We have a little movement!

Worth a small punt.........IMO, I feel the SP will be around 9/10p in Jan/Feb.

1) They have a wildcat drill......To spud prior to Christmas.

2) Couple of drills in Italy

3) A further Farm-out deal on their Algeria Gas find

4) Kurdistan drill

5) http://www.proactiveinvestors.co.uk/companies/stocktube/1470/petroceltic-acquires-a-diverse-portfolio-of-assets-with-melrose-resources-merger-1470.html



Interesting interview.........Petroceltic CEO

Sellers(MRS ISA holders) seem to have gone and now we in upward trend!!

Not quite gone yet but deadline for selling is tomorrow.

That's good; I am bored of seeing a sea of red, day after day.

Maybe, just maybe, this share will start to move in the right direction?

market cap £300m+ you might have some time to wait.

Ah well.......Good job my favourate colour is RED!........I am originally from Manchester!

G18 maybe it's time to start thinking blue as your favourite colour.
2517

Blue on this share, no problem, that will happen in 2013 IMO........Keep topping up when I have the funds available. Better company now they have Melrose on board.

I will not change colour to blue in Manchester, now that's for sure.

GLA......Gerponville18

Agrre with above and expecting plenty of blue here very soon indeed.

40M ....... Buy or was it a Sell?