Saffron Eng Share Discussion Threads

[winnet] 12/7/2017 11:48

clearly not a good move short term, could of got them at 4,25 today! Crazy this stock.

[winnet] 10/7/2017 21:50

topped up today at 5.25. I think medium term a fairly good move.

[paleje] 10/7/2017 14:36

MM on vox 16 mins in, but he wasn't challenged on anything. Q2 revenue was €376k, production and revenue in Q3 expected higher but no specifics, nothing on costs wasn't asked. Says some new projects could add to production wasn't asked how would pay for them.

[brinks_matt] 10/7/2017 13:49

Lets hope for heavens sake they don't buy Badile from Sound!

[2vdm] 10/7/2017 12:38

Agree paleje. It's not helpful, nor have we had any expenditure figures /cash burn etc which would be helpful. The director's stated aim is to make this a mid-cap producer. If so,they need to up their game in reporting imo. I will continue to hold, but this remains a concern.

[paleje] 10/7/2017 11:46

Today's update might be ok, it certainly doesn't look like a disaster but you can't really tell from the numbers how well Bezzecca is performing because it only got up to speed half way through the quarter and we don't know what it was doing during the build-up. They're clearly not satisfied with it or they wouldn't be tweaking.

MM could do with clarifying that, I don't know why he isn't more forthcoming with detail to save people guessing, it just leaves it open to doubt.

[the foxthe fox] 10/7/2017 11:45

Saffron Energy on Vox Markets Podcasts

hxxps://audioboom.com/posts/6091189-nic-charts-today-are-falanx-group-flx-saffron-energy-sron-sirius-petroleum-srsp?t=0

[btfd] 10/7/2017 09:21

great update. Can't see this languishing down here much longer.

[the foxthe fox] 10/7/2017 07:18

Saffron Energy 104% gas production increase in June quarter

[oilandgas1] 07/7/2017 17:02

Please correct me if I am wrong , but news due soon in Jul as I understand it..

Bezzecca: 20 scm pd and raising to 35 scm targeted by when Jul? (possible 63k scm/day)

Financials: 2.1m FCF per year starting in q3 with debt cleared by Aug17.

[btfd] 07/7/2017 16:15

few decent sized buys last couple of days.

[winnet] 06/7/2017 18:07

agree, lets just hope for no nastys in the update.

[paleje] 06/7/2017 15:40

Can't say as I've seen any pumping, sandcrab. Could just be peeps doing the numbers as we get nearer the promised update and seeing value, surprises in the update excluded of course.

[ayesha4] 06/7/2017 14:48

Just had a tick up

[sandcrab2] 06/7/2017 14:32

Lot suckered in by this classic pump and dump

Congratulations to those orchestrating this

[ayesha4] 04/7/2017 09:41

Within the next 10 days I'd say - at most.

[ayesha4] 04/7/2017 09:40

Direct chat with company. I think this is the bottom though I am not sure how far they will go up.

[2vdm] 04/7/2017 07:53

ayesah4 why do you think we'll get an update so soon?

[ayesha4] 03/7/2017 11:22

Should be an update within the next few days.

[winnet] 29/6/2017 09:21

jaf, just looked at WRES. SRON have actually done very similar in share price terms - 8p to 4p. WRES have gone from .7 to .3.

Lets hope value will prevail with Sron. And WRES for that matter although i know nothing about them!

[paleje] 28/6/2017 15:08

The chart looks dreadful Jaf, but WRES might be near a turning point, lots of cos show similar patterns but when meaningful news arrives they turn, there seems to be a lot of positive talk on LSE about WRES.

Anyway to SRON and good luck ayesha, I'm way up at 4.8p and holding for the update.

[jaf1948] 28/6/2017 14:42

Just look at WRES if you want to see how companies run by MM perform.

[ayesha4] 28/6/2017 14:22

I have taken 300k at various prices through the day

[paleje] 28/6/2017 14:20

It snowballs for a while then finally sense returns, unless MM has been pulling the wool of course. In which case we're the stupid ones:)

[ayesha4] 28/6/2017 13:59

This is oversold and silly.