Hopefully a double bottom is now forming as long as 5.50p holds, and no reason for the present drop after the recent positive news regarding the african licence/ fyne field, and looking more like a final squeeze before a big move up, as long as there is no more negative news.

Antrim Energy Reported oil sales of $17m in first half of 2013 compared to none the previous 2 years, and made a profit of $930.000 in Q2 2013, interim net losses down to $1.9m from $61.99m, also the risk warning was old news as this was mentioned in the previous RNS.

Causeway production should be increased in the second half of 2013 with a specialised pump being deployed following the 6 week scheduled shut down at the end of August 2013. so overall things starting to look a bit brighter for AEY?

With Antrim Energy now back to making a small profit these should start to creep back up from here, so long as the share price doesn't close below 5.50p which would indicate a bottom has yet to be made. And with 50% of the Fyne licence back on the AEY future prospects this should be trading at a higher price than this, as the big fall in share price from 26p was due in the main to all of the Fyne project being shelved due to rising costs etc

Also its probably wise to stay with AEY during the Causeway shutdown just in case a bidder appears.

I guess Antrim Energy must be a very strong buy now at these levels as earlier in the year a certain expert/pundit/tipster on another well known i website stated that AEY should be purchased on any weakness that was when these were sitting at 30p+ and AEY is presently valued at administration levels below 5p now, the main attraction according to the Canadian writers is the tax breaks AEY would bring to any interested party, i expect AEY will start to move up again soon when causeway etc is flowing oil again, and hopefully with higher moves up towards the end of the year as the alternative Fyne field development plan has yet to be rubber stamped by the DECC. so some positives in the pipeline so to speak for Antrim. And hopefully the Toronto stock will move up as well!

Appeared to be MM's going for the stops today or getting this level with the Toronto stock price? waiting to see if this bounces back up a bit on Monday.. the daily MACD STOCH are all showing a buy today. or perhaps there will be a RNS on Monday. Toronto was flat today at 0.075c.

Good luck to everyone in AEY see you all back at 30p+

good time to buy news very soon :-0

looking good people taking postions + over 1 million traded first hour Canada

expecting news and strong blue here very soon - so close can almost smell it :-0

fantastic news here we go,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,

Causeway and Cormorant East fields resume production
StockMarketWire.com
Antrim Energy says routine maintenance of the North Cormorant platform has been completed and oil production from the Causeway field and the Cormorant East field has resumed.

Production rates from the Causeway field are expected to rise over the next year with the start-up of the electrical submersible pumps and commencement of water injection.

Antrim has a 35.5% working interest in Causeway and an 8.4% WI in Cormorant East

Normal selling/profit taking over the past few days..looking like a buy on some of the faster charts now! Onwards and upwards!