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petroceltic (PCI)     

nite ram - 22 Sep 2006 13:12

Any experts out there with a view to todays RNS on Algerian gas find ?
Looks good to me but sp is down
Thanks in advance nr

HARRYCAT - 28 Sep 2009 09:08 - 593 of 1234

I don't think this changes anything. There are still 3 wells to be drilled & testing for them all. Still lots of mileage left in the sp, imo and see no reason to sell at 16.6p when the target is 26/27p.

cynic - 28 Sep 2009 09:11 - 594 of 1234

lots to be drilled, but even charirman says extent and proper evaluation of the site will not even be for another couple of years

hermana - 28 Sep 2009 09:18 - 595 of 1234

On the other hand it certainly is a likely commercial venture. Now we need Iberdrola to cough up $48m so PCI can buy production assets pronto.

required field - 28 Sep 2009 10:31 - 596 of 1234

Well I still think that we shall see this in the mid or lower twenties soon, a gentle pullback is going on at the moment : most stocks drifting PCI as well...(crude and gold down and the pound/ dollar)....but I would like to think that a steady little climb should be coming with the next prospect to be drilled...

required field - 01 Oct 2009 11:23 - 597 of 1234

SP starting to creep up again...

hermana - 01 Oct 2009 15:56 - 598 of 1234

BOC wants to build an empire,no less!

andromeda - 03 Oct 2009 20:58 - 599 of 1234

cynic, we still have drills in Tunisia (H1 2010) and Italy (H2 2010) to look forward to.Also chance of further investment from Iberdrola and according to BOC, maybe an acquisition in the offing,plenty more to come.

required field - 03 Oct 2009 21:25 - 600 of 1234

In time 30p or so...patience...

cynic - 03 Oct 2009 22:58 - 601 of 1234

but not necessarily any necessity to be here today

hermana - 05 Oct 2009 09:16 - 602 of 1234

Thats true..

cynic - 20 Oct 2009 07:28 - 603 of 1234

following the o'night rns, expect sp to open sharply higher

skyhigh - 20 Oct 2009 07:47 - 604 of 1234

Yep. it looks good!

Balerboy - 20 Oct 2009 08:19 - 605 of 1234

re-treating now a bit..

hermana - 20 Oct 2009 10:01 - 606 of 1234

Slowly slowly catches the monkey...

cynic - 20 Oct 2009 10:10 - 607 of 1234

have bought back in gently - 25k @ 18.5
shall now sit and watch and may add in due course

hermana - 20 Oct 2009 10:18 - 608 of 1234

It will rise a wee bit more in next few days.

cynic - 20 Oct 2009 10:35 - 609 of 1234

maybe and maybe not ..... however, the longer term probability must be short odds on being positive

hermana - 20 Oct 2009 10:54 - 610 of 1234

Have to clear seller with Winterfloods first.

cynic - 20 Oct 2009 11:04 - 611 of 1234

there's over 3.25m on offer, albeit some are at relatively silly prices ..... even so, there are close on 2m on offer <20p, and perhaps/probably more hidden

hermana - 20 Oct 2009 11:23 - 612 of 1234

Wonder who is the seller? Could be an insti who picked up Iberdrola placing stake.
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