Savannah Petroleum Share Discussion Threads

[alamaison5] 18/9/2018 11:17

Another schizo who think he's warren buffet, lol. Mind you W.B is slightly more well off than fat Malcy, xxx.
What a bunch, what a bunch...But still, you're funny :=}

R4 is a duster and I will buy one or two days after the sad news.
Anyway, if by miracle you were to hit something, it probably have no effect on the share price as the last 3 drills...
I was in all 3 and the most I've made was 5%...

[mount teide] 18/9/2018 11:01

The self-righteous opinions of many short term traders knows no bounds - until they've been around a little while that is, and joined the 96% of their fellow short term traders that lose money over the longer term.

As Warren Buffet said; "the market timers hall of fame has got no one in it!". Buying value in a company with good management and then waiting for the passage of time and market greed to work its magic, has proved one of the most reliable strategies over many decades for stock market success.

[thelung] 18/9/2018 09:23

So says 'Monsieur 10%'.....

Come back to me post 7 deal closure / failure, and post Niger EPS and farm out / lack of commerciality.

Until then, enjoy your travels and your 'gutter trader' modus operandi

[alamaison5] 18/9/2018 08:49

Rumours, Malcy etc.
You really are disappointing and sound desperate... lol!
Yes, one could have bought at 26.3p and now sell at 26.6p, right now.
What and achievement...

[thelung] 17/9/2018 18:23

28-30 mins

[thelung] 17/9/2018 18:18

So we speculate that the 7 deal will close in a matter of weeks and/or Niger will be commercial, given the EPS planning and rumoured industry interest and SAVP MOU.

On the flip side, you could speculate that the 7 deal will fall apart and / or the logged pay and oil recovered to surface in all 4 wells won't be commercial and the MOU was baseless 😂

[alamaison5] 17/9/2018 18:11

1) update on Nigeria closure: LEK waited 4 years for OPL10. Just for 17% of AFR assets. And still waiting for the other 22%...
2) Sokor discoveries are miles away from this drill. I personally expect a duster.
3) R4 has plenty of leads but NO discoveries...
Also the RNS is vague as where they're drilling.
- on the R3 portion of the R3/R4 PSC Area in the Agadem Basin, south east Niger- What portion? They do not share any land...
So I would expect south. But South is dry.
hxxps://www.savannah-petroleum.com/en/niger
4) All 3 strikes created no or very little interests. Ask yourself an honest question. WHY?
I was holding shares in each one of them. The most I've made was 5%, lol
Commercial or not commercial?
This is the question.
I like Savp, a lot. But until we know, we don't.

[parisv] 17/9/2018 17:57

malcy on the recent rumours...



from 28m15s

[ifthecapfits] 17/9/2018 10:23

cant be long now....

[ifthecapfits] 17/9/2018 09:11

Looking perky today.

[xxnjr1] 17/9/2018 08:06

thanks bushman1.

[rampair] 17/9/2018 01:52

I wanted to get in the “still nothing “first. I like to think it is Nigerian business
acting perfectly normally, but I expect it’s just the usual fee gathering parasites paid in billable hours.

Look at Beaufort for an interesting read.

All just opinion.
R.

[lithological heterogeneities] 16/9/2018 20:57

still nothing

[divmad] 16/9/2018 20:56

Agreed, Nigeria (7E assets) is in for free at this share price

So you either buy savp now as it's undervalued relative to that 29p valuation with upside on further Niger drills, or you buy because the 7E deal will be consummated by end September.

If there is another delay in 7E closing, and there is short-term weakness, the rubber band simply stretches even tighter relative to that 29p of value.

[bad gateway] 16/9/2018 20:52

honest must admit I'm impressed.
2 Disasters,1 terrifying implication and a floundering! Throw in a couple of calamities and we've got a Hollywood Blockbuster on our hands.
Either that or a bidding war!

[shareideas1] 16/9/2018 20:34

A week ago he said by end Q3 so let's see - hopefully he says that with good insight and knowing he cannot afford to disappoint again. Assuming it's cleared I would think stock is straight back above 30p... stock is wrong price here... as Arden said, the 4/4 wells drilled in Niger are worth about 29p risked...

[bushman1] 16/9/2018 20:30

XXjnr. My research suggests part of Reliance Industries, an Indian conglomerate. US $ 120 billion in assets. Please DYOR and advise if you can find further information.

[bushman1] 16/9/2018 20:25

HM, we don't know who pulls your strings but it appears you're on a hiding to nothing fairly soon.

[honestmarty] 16/9/2018 20:17

Bad gateway

If they cannot complete the RTO disaster, there will be a bidding war alright, but it could be in single figures.

Very worried deal is floundering and company saying nothing as implications terrifying.

A fourth delay could prove disastrous.

How long will Andrew give it this time?

6 months??????

[thelung] 16/9/2018 17:26

you're such a fibber :-)



alamaison5 15 Sep '18 - 08:43 - 5407 of 5412

Keep an eye on SAVP.



(p.s. only the blues can vote you down)

[alamaison5] 16/9/2018 16:44

To these dark shadows in the background:
Instead of putting thumbs down, why don't you come up in the light and express yourself.
It's a free world after all.
:+}

[bad gateway] 16/9/2018 15:06

Interesting. With all this corporate activity could we see a bidding war ensue for savp down the line?

[alamaison5] 16/9/2018 13:29

Looking at the share price action I doubt it, lol

[divmad] 16/9/2018 12:42

All the while, this talk of a new strategic partner involves further dilution of SAVP's Niger assets, and increase in its Nigerian exposure.

Is this what shareholders want?