with a major find and partners/jv/farm out all in place for a massive recovery.200p down to single figures expect a major recovery to 50-70p and rns states more news soon

personally i wouldn't touch this one
with a cap of just over 9m, it can't be traded as a CFD anyway, but that apart, there is barely 25% of the shares truly on the open market, so liquidity will be very tight indeed.

to be honest, there are (imo) so many better E&P companies out there carrying far lower risk - even the likes of the falkland island clique - that i really do not see the sense of trying to pick out an amoeba company that just might grow in to a minnow

Ok,thanks for your input,will stay with it for now.

i lied ..... to my surprise i found it on IG's list ...... nevertheless, my reaction is still the same, not least because the spread is 15.50/17.25 which is too juicy for my liking especially as it is MM stock only

the EMS of only 5000 (750/1000) also tells you plenty

I am loving it so far Cynic. Thankyou.