New Projects and good prospects. will be the winner in 2004. IMO
25p in early 2004

chinapete...thanks for your feedback...as they say, only time will tell but glad you made a decent return :-)

m100...same here but guess sp is being held down for a reason...still see the sp moving up once more news is known...

Looking a lot better today. Read on another board that Evo's have put out a buy note with a target price of 32p. Seems to be a bit of interest today.

Taken from another BB:

Petroceltic (PCI) Buy
Price/Target: 16p/32p

The leveraged option
Petroceltic is adopting an innovative approach to exploration by offering low risk but high potential exposure to a series of interesting exploration prospects, to be drilled in the short-term. Petroceltic has a differentiated strategy of focusing on leveraged exploration and not setting out to be a production company. The approach is to participate in low risk but high potential projects with
significant interests, where the company and shareholders are exposed to material upside through drilling. Short timescales are also a key part of the model with rapid progress towards drilling to establish reserves generating news flow. If successful the company is looking to crystallize value in the short-term rather than follow through into production
News flow should initially come from onshore Tunisia where the company is shortly to drill, what it considers to be, a relatively low-risk appraisal at Sidi Toui with substantial upside. In 2005 the group is looking to drill on an attractive licence in southern Algeria, which contains six existing discoveries, and in Italy where the group has acquired two licenses, one of which contains an oil discovery and is adjacent to, and updip from, the Miglianico field.

Thanks gavdfc..nice bit of info!

You're welcome. Seems to have brought in some more buyers, pretty sharp rise maybe on the back of this.

I know all the short term focus right now is on ST, but this part of the note is also important for long term holders:

"In 2005 the group is looking to drill on an attractive licence in southern Algeria, which contains six existing discoveries, and in Italy where the group has acquired two licenses, one of which contains an oil discovery and is adjacent to, and updip from, the Miglianico field."

Look at the success First Calgary have had in Algeria.

Looks like any bid at 16.5 or over provokes the 100k seller into action, limiting the gain, even on a good day like this. I wish we knew what is going on.

Well we held 16.5 bid today so will be interesting to see what tomorrow brings.

have a great day all...may we continue to build on gains made yesterday :-)

FYI...from another site:

From the Daily Mail today (see P74):

Aim-quoted Petroceltic the oil and gas investor, improved 3/4%p to 16%p on a
bullish Evolution tome. Its target price is 32p.

its up, its down, its up again - its blue, its red, its blue - I see green?? anyone got alka seltzer? Just put it at a steady 20p for now so we can all have a rest :-)

I know m100...just ride this out...now where's my pills :-)

See its in Plays of the Week this morning as well, starts off 'dont buy this share if you're not a risk taker'! Oh well whats life without a risk or two?

I'm a risk taker and see great opportunities in taking risks...there is a risk PCI won't find oil....but the good news is I'm confident they will...that's the risk :-)

ps...cbrief coverage also in the Daily Express yesterday.. if anybody wants a run down...let me know...good luck everyone today!

if you dont speculate - you cant accumulate..

and if you don't accumulate, you can't speculate...simple as that :-)

Well that was a pretty good day. I think that was the highest that we've ever closed at. Some interesting 500k delayed trades after the close. I wonder if we will get an RNS on the drilling progress soon? Hopefully the website will get updated soon, I think they said that it would.

did I blink and miss it? quick flurry there

gav...a great day yesterday...must be drilling news soon (informed 13.10 drilling would start within next few days, that was nearly 2 weeks ago! ...can see us moving again shortly after one or two little shakes...they can't hold this down for long :-)

m100...I'm sure we'll be moving again soon either later this afternoon or on Monday.

roo
November 5th earliest in my view.
Wont be 17p much longer.
Good chance of a strike with latest mapping technology.
60p plus by Xmas.