Sefton Resources Share Discussion Threads

[deanroberthunt] 08/2/2008 10:47

since your the ultimate optimist and I like to take the more conservative stance, lets split the difference and say mid Q4 2008.

[relishing] 08/2/2008 10:44

Q2/3 2008 imo.

[deanroberthunt] 08/2/2008 10:37

5.52p on the bid for a decent amount.

[deanroberthunt] 08/2/2008 10:35

Short term we are at the mercy of retail punters, which contributes to the boom and bust cycle of this share price ....

At some point the boys at Sefton will have to do the rounds to promote the company to attract longer term and heavier investors....some press coverage in the papers would also help....however, the company needs to be better positioned before they commence Operation "Pump"...I suggest

Turnover at $8-$10m
Pbt at $2-$3m
Pilot steaming proven and guidance on firm dates for full system
Some guidance on firm plans for CBM assets.

so probably sometime next year, Q1/2 2009?

[mickey take] 08/2/2008 10:34

Well i am feeling in the mood for a debate and keeping the matters strictly to sefton what's peoples thoughts on the steaming announcement?

[pdl] 08/2/2008 10:30

Yes, just like me 3.5 years ago.

[unimog] 08/2/2008 10:16

At least there's a few buyers about

[california joe] 08/2/2008 09:51

Whwn have they ever counted for anything Relishing lol!

[relishing] 08/2/2008 09:50

And there's always the fundamentals.

[california joe] 08/2/2008 09:48

mitp, what this needs initially is to see closer periods between news flow, rather than the long periods of silence previously.

Based on what should be coming out over the next two months, that particular issue should be resolved and hopefully we may at last get into double figures.

A further 3-4 producing wells should do that, add in the steaming followed by a reserve upgrade and maybe the days of 5p will be exactly that, history!!!

[pdl] 08/2/2008 09:47

I have had this dog for 3.5 years. Only our small shareholders are playing the game. 4-5p will never change to 10-20p before any big fish eyes on it.

[markinthepark] 08/2/2008 09:44

Currently being 5.6p on the bid.....wonder why MMs still have it showing at 5.25p?

PDL, with SERs track record you may well be right, certainly history is on your side as far Sp moves is conerned....but maybe this time it will hold? Who knows but even you would have to say newsflow has been improving here for quite a while now....and should do into the future too.......

[relishing] 08/2/2008 09:44

That's a shame Ferny. Why not?

[fernygrade] 08/2/2008 09:43

15% rise is something you lot have not seen in ages, I wish you all LUCK AND HAVE TO TELL YOU I WILL NOT BE TRAVELLING WITH YOU.
F

[california joe] 08/2/2008 09:43

Thanks for your well thought out contribution pdl, did you start putting that piece together after the RNS yesterday or was it rushed out this morning?

[pdl] 08/2/2008 09:41

For this dog, the history will be repeated. It will back to 4.5p soon.

[california joe] 08/2/2008 09:37

Lets hope when he comes back people wont be swooning over his "short" calls then lol!

Morning all, Sefton heading in the right direction WITHOUT the usual fall back now then I wonder?

Thanks for the stand-in Union, I overslept lol!

[scaleyman] 08/2/2008 09:32

Mixed blessing is the filter button, keeps u out of touch a tad!

[unimog] 08/2/2008 09:29

Mark...simple when he wanted share price down he banged and ranted. He's now gone long and just needs to sit back and watch the price get back to where it should be.
Once share price gets to his target, he'll be back don't worry. Thats playing the market
I suppose and if it works for him ..good luck.

[mickey take] 08/2/2008 09:29

Mark – because him and his team have closed their shorts for now....

[scaleyman] 08/2/2008 09:28

Hopefully the opposite direction?

[scaleyman] 08/2/2008 09:28

Perhaps the absence of such peeps on here and MRP and hopefully soon EME suggests -JOB DONE? Unless they all get a fresh remit from their masters?

[fatfish] 08/2/2008 09:26

wow shock 2 days on the run we are up a good rns and the sector is very bullish at mo should help us get higher + although i have him on filter so dont know what he's saying has he tempted a few to buy

[markinthepark] 08/2/2008 09:25

What no Yarso posts???? Wonder why?