THIS NEWS WILL CERTAINLY MAKE THE SHARES INCREASE WHEN IT IS ANNOUNCED.


In March 2003, First African Oil Corporation, a wholly owned subsidiary of
Circle signed a two year exclusive reconnaissance licence with the Government
of Namibia covering approximately 146,000 km2, an area more than half the size
of the UK. The Licence is one of the largest in Africa and the Namibian
Government holds a 10% carried interest. Within this concession area, and with
the benefit of a valuable dataset of previously acquired technical information,
Circle believes there is potential to produce significant quantities of
valuable hydrocarbons. An aerogravity survey was carried out during the summer
at a cost of 415,000 and initial results of the survey are very encouraging.
The final report on this programme is due within the next few weeks.

:0)

What is the rumour, what type of news,even a clue.

as quoted elsewhere "Collins Stewart values the company at a potential +500Million valulation based on current prospects and a conservative price of 40 Dollars per barrel.Very interesting read."

The dogsbolloox Thats not the what I have had given to me - Big News definitely imminent will rocket this share 75p - 85p by the end of july

The new (30 Jun 05) Collins Stewart 30 page note, in full, now on circle oil website. enjoy.

http://www.circleoil.com/site/documents/brokers_report_30605.pdf

current mkt cap = 59m

good week ahead.

DB

Is there any news on circle oil soon as there seems to be a lot of interest at the moment

tipped by PennyShares today and apparently by ZakMir on a technical basis.

loads of possible news due, just a case of holding and adding in the meantime...

This has a barrier at the 40p level. If it can get through and consolidate, I can see 1 in the shares

38.5p is the first downtrend line we must hold above to move into a new uptrend..

Two 500k buys today. Something brewing?

4 x 100k buys on Friday, a lot more volume here and +ve comments in the IC. Looks like the bottom may be breached, onwards and upwards to Xmas now.

Any news??

??

Looking Good..

http://www.timesonline.co.uk/newspaper/0,,2706-1900864,00.html

2nd good day in a row from this although I should admit that I am only just about back to level from already holding.
Now must go and read Times!

Unconfirmed statements over the other side that "requests for information" to John McKeon, Director of Business Development and Marketing, were met with "news very soon" and"investors should look forward to a good Christmas".
Also from David Hough, Chief Executive, "I normally get a quick reply but so far he's keeping mum"
City presentations this week were apparently by all accounts very well received.
Good to see the stock overhang cleared
So are we all set for a prelude to important news.

Word is that the institutions are now buying, as they know news is coming

2 huge buys of 4.7M
comments anyone?

get up early and enjoy the ride

On what basis are you saying that,if its a fact than i will other wise i need to catch some sleep.