Don't like doing threads but have been alerted to this one as it trades well below cash position and allegedly has directorate links with the massive Petrobas. Last broker target was something like 165p - currently 26! The bates is in.

http://www.investis.com/chariot/docs/Annual_African_Investment_Conference.pdf

165p broker note.

I'm in this am.

Yes I've topped up, looks like we have a cleared seller situation, expecting nice quick bounce back to 45-50p area.

I paid 25p which is cheap imo.

On the way up now thanks again kate.

What a great start to the week.

nice volume and lots of buying, could do with seeing this over 30p for a decent chart formation.

Nice chart for the month.

I paid 25 1/4 on Thursday afternoon for 20,000. Intend to hold these. Its more a hunch then anything else.

When I saw the thread heading , I thought you were talking about Afren.

why are these going down? they have been tipped to to go sky high on another site. I bought in at 26p

because you got suckered; because it's an illiquid minnow; because crude is down; because the markets are down ....... enough reason?

Surprised no one has these back on the radar.... been very blue last two days and am in for a ride at the mo.... any comments

why is there no comments on this one when it's doing so well today???? Cynic?

not a company i know at all, but i THINK i remember seeing it mentioned in a positive light in the press the other day

chart below is pretty self-explanatory, but i get the feeling that the "lemming world" is chasing almost anything that masquerades as an oilie, so tread very carefully, for you have seen both CAD and CSH - or more positively ENEG .... all very pig-in-a-poke

fair enough, thanks

I'll let you say "I told you so" looked at 4pm and down theyd gone, wish i'd looked at 3 lol

even if you had looked when sp was 34 (now 25.25), i bet you wouldn't have taken any profits

It actually got back to 29, so maybe theres more to come tomorrow.......

infact cynic the real reason for getting into this one is because Kate was flogging it a while back and thought i'd keep her company...... you never know what might happen....... i mean, seeing as you two are not an item anymore..............just thinking............. put me right if i'm wrong........... or are the references to "Witchs and cauldrons" just a cover up-- secret messages.............BB