.

Just think what will happen if this drill has problems for the extended flow test has problems - 50p would be coming very quickly. Very high risk at the moment is XEL and the price of the share is telling you that.

Yes, but if all goes well they know they will hit oil and not gas proselenes, :-))

High five dr.,.

lol

Compared to some this is low risk....they have already had an exploration well with a flow (two years ago)...then an appraisal well with an excellent flow and now this is a production well......way...way...undervalued.....ridiculous here...

Agree rf

I do know XEL quite well you know, I was in at 21p and out nearly at 400p.

Unlike many :)

It should in my view be worth double the sp today....once the production in safe british waters gets underway...the cash inflow (if I can call it that) will be serious....everybody has forgotten about BP and Schlumberger being on board with the production development for this one....

of course you were .... that's why you've now retired to sunnier climes

Never gets anything wrong by the sounds. :-))

So was I.....made the mistake of buying back in I think around 250p.....but anyway....this seems to be the ugly duckling of the market......might change soon....

BBs are full of such folk; they just find it simpler and more fun to join this type of exclusive club than say muirfield or st andrews

Lets hope rf. Perhaps more prosperous companies in the mean time.

I for one am surprised at the low sp....but I suppose I shall have to be patient as usual....

well don't jump into pci or rrr for sure!

I think there will be news after these tests regarding a farmin partner or a takeover?
Who? Statoil

Was up rrr lol or otc ( no i dont hold) :-))

Trouble is its all on this thread - I was the only one long at 20p, 30p, 40p and cynic was saying this is a bad stock, avoid.

At around 90p cynic bought some and promptly sold for a small profit after which the priced zoomed up more and more.

Too many sore losers around, just like those that sold RKH at 90p whilst I held from 37p and took my profits finally at 300p.

Watch the stocks, live and learn. You are fully aware I an in FOGL from 50's p and BOR from 50's p.

Are they doing bad ? LOL

I surprised that Centrica or Total or even BP have not approached XEL.....I'm convinced that this has to go up by a lot....great income coming soon

There will be sore losers as you put it (or very sore) due to the company even saying great things to come. Sorry not one of your better posts to put on here
proselenes.