After 2 years in downtrend due to lower production/ operational upgrades/ board changes/ being a Ukraine/Russia focused oiler etc, this now seems to be moving back up to test out the 200 day MA at 71p when this is cleared then the next target will be the breakout level in the mid 80p's after this price level is finally breached then this should move up quite quickly to retest the 2012 June resistance sitting at £1.30 going by previous price movements, as production levels seem to be back on track again now with the last RNS showing a 21% increase. all of the above will be cancelled if the price drops back below the 50 MA at 59.27p.

Brokers have a £1.40 target price on this stock at present.

Moving down strongly this morning. Was given as a short on the chart thread over the weekend.