Sefton Resources Share Discussion Threads

[deanroberthunt] 07/2/2008 11:22

Mark....at 4.8p on the offer yesterday, with the recent completed works and newsflow expected over the coming months was it was a nailed on bull position....anybody who thought to be in the opposing camp, clearly does not understand the position here going forward, and quite frankly should not be advising others to be either long or short.

[california joe] 07/2/2008 11:20

I can tell you that the trading on this share has been manipulated and that the board are fully aware of this.

However, once the necessary price movement is achieved and the newsflow regular, this issue will be resolved.

Institutional involve,ent will be seen at the 12-15p range and will shore up any shorting of the stock.

[yas0] 07/2/2008 11:18

All,

I think if posters like DRH stayed off these threads it would do sefton some good. With a reputation like his, making reckless call after call on stocks like MPH and others (even stating MPH was the best aim listed stock, even though it is fully listed), then anyone who has come across him shall not even bother to look twice at this stcok. I juest not. Such contributors ought to stay quiet.

[unimog] 07/2/2008 11:06

SP should have been higher than 7p after the flow rates from the last new wells and a cpl more on todays news. Positive cash flow and no debt for new wells should be worth a cpl of pence alone.

[deanroberthunt] 07/2/2008 11:04

mark... me thinks you give it and his band of puppets (oops sorry, muppets) too much credit, he's just a bounder and a cad, end of.

[someuwin] 07/2/2008 11:00

agree with yas - should be back up at 7p (at least)

[markinthepark] 07/2/2008 10:58

Nice to see the RSI chart in the header in positive territory at last.......

[deanroberthunt] 07/2/2008 10:56

we'll give them the benefit of the doubt at the moment.....just hope its not another delaying tactic and had used up all their engineering excuses....

[mickey take] 07/2/2008 10:54

Hi DRH, Yes good news lets hope they can keep the momentum going
The licence should have already been in place for the steamer, imo

I wont labour this issue in view of the good news but PI''s should take note

[deanroberthunt] 07/2/2008 10:51

Bank facility will be used to fund Steaming Infrastructure Design, Installation and Commissioning once pilot is proven.

[griffzinho] 07/2/2008 10:49

Should have good news flow over next 6-months or so.

Feb/Mar - News on 3/4 wells being drilled and start of steaming.
Apr/Early May - News on steam pilot
Apr/May/Jun - Final Results showing small profit + upgrade of reserves possibly.
May/Jun/Jul/Aug - further drilling and steam plans outlined
September - Interims and first move into significant profit.

That is.. all going well.

[deanroberthunt] 07/2/2008 10:49

Mark...come April, post 3-4 drilling, pliot steaming and results, you will not be asking that question again.....

[unimog] 07/2/2008 10:46

Good news, 3/4 wells to be drilled and paid for out of cash flow. I'm sure
we heard this some where a cpl of weeks back.

[murrayteller] 07/2/2008 10:38

Yas0, does that mean your cronies will push us up to 7p then we'll plunge back down again?

[yas0] 07/2/2008 10:38

MT,

Well, how can i put this, I have a vested interest in Sefton in one way or another.

I have not been a buyer this morning (I prefer to buy as low as possible), though I did take on another paltry 100,000 shares this morning at 5.25.
As matters stand this is the larges trade of the day, and hence it ought to be me saying to you 'then buy some morris'.

If all seftoners purchased a paltry 100k then Sefton would be marked up. No point in attempting to blmae me for the lacklustre price

dyor

[deanroberthunt] 07/2/2008 10:36

Morning Mickey, better late than never.....

Appears that steaming system is ship shape and Bristol fashion, from an engineering perspective....significant progress imo.

[yas0] 07/2/2008 10:35

Bobbyg,

We may have our personal differences, but these ought not to serve as an impediment to allowing a reasoned discussion about Sefton on here.

I am preparing a brief note which I shall submit on a couple of theads today to highlight Sefton to readers that have high regard for the view of the gracious fellow.

[mickey take] 07/2/2008 10:33

Then buy some Yas0?

[bobbyg2] 07/2/2008 10:32

lord strike me down for what I am about to say but....

Yas0, I agree with you.

God i feel so dirty!

[yas0] 07/2/2008 10:24

It is my view, that based on this announcement today, the stock ought to be sitting on 7p right now.

[westmoreland lad] 07/2/2008 10:16

Dean -- watching here as well as MRP. Great news on both fronts !

Think we'll see many more small producing oil'es in take over talks this year.
SER could well be one of them -- whats the real value ?

[relishing] 07/2/2008 10:16

bobby,

They have already started - last Sunday!

[orado] 07/2/2008 10:09

Excellent RNS.
I agree prefer, steady rise over tte coming months.