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Fine raising funds, should not be on a 1. This share has crashed 75% now from its peak of 4 odd at the start of 2011. A lot of the drop due to confused and late information from the company. This is going to take some doing to get any where near 2.50 if it is not taken over before hand.

Perhaps it was vastly over priced at 4?

I do not think it was (my view) Or perhaps now its vastly under priced. The times we are in have driven most shares down and of course the board of directors have
played a major part in not helping.

It's just that this is probably the worst market in a lifetime !...

Off another 10% today..

who said buy under 50p..?

Big drop it was, perhaps its looking like DECC approval will NOT be given ?

If that were so I think everyone can buy under 50p ;)

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Proselenes, why do you think the DECC approval will not be given ?

dream, it should be given, one would hope, but it could also be denied if they think the plans are not viable and need altering.

Lets not forget the original plan was production, but this appears to have been not granted and so its been changed to an extended well test (EWT) to prove that it is commercially viable.

DECC have received XEL's latest changed plans, but again its not a dead cert they will be approved as is and they may require further changes, as they already have been to make the next step an EWT.

If that does happen the board of directors had better get some paint and start painting the rig before it goes rusty.Would of been good to see DECC pass this before
the christmas hols.

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Not hot at the moment, continues the slide .

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very low trade

Seems to be getting excited over the last few days....hope it continues.,.

Time it went up....

Nice rise, news must be due soon?

just need £2 more to breakeven

You may get that this afternoon.

Decc cant be far away now,Inthaca take over surley XEL has got to be a take over target its far to cheap.