Silvermere Eng Share Discussion Threads

[showmethemoney123] 11/4/2013 08:17

GR I have a plan to resurrect SLME and rid ourselves of this pestilent BoD. Lets talk off board again.

[showmethemoney123] 11/4/2013 08:10

Down again this morning. These muppets are completely useless. They won't even buy stock at these levels but continue to draw inflated salaries and do nothing for the share price or long suffering holders.

[greenroom78] 11/4/2013 08:09

Can you put something in motion then?

[showmethemoney123] 11/4/2013 07:59

No support whatsoever - why on earth are we still paying for Messrs. Morrison, Moxon and Dalby? No support. No plan. No ideas. They must be removed forthwith.

[headsup1] 08/4/2013 10:21

CF12 my apologies

[christianf12] 08/4/2013 10:04

Headsup, haven't been in OTC for a year or so.

[headsup1] 08/4/2013 10:03

CF12 first leg of your double OTC not doing so well lets hope the second leg SLME gets out the stalls if not there is always LHD.

[christianf12] 08/4/2013 09:59

lmao

ferdy1, why you looking in then?

Or are you one of the mug punters who bought higher up?

[ferdy1] 08/4/2013 09:58

It has halved in 4 months.....

Most people looking to buy will look at the management first.....
then they will look at the SEDA and think death by a thousand cuts...

this might move fast but not in the direction you are hoping I'm affraid..

The catalyst here will be when AM leaves...but will that be when all the potential has also gone....

GL

[christianf12] 08/4/2013 09:56

Hi Robson mk 4,673

[dumpat0803hrs] 08/4/2013 09:55

good one raj

[christianf12] 08/4/2013 09:53

Level 2 is 2 v 1

Few buys and this ticks up, and we know how quick it can move.

[rajaster] 05/4/2013 12:17

lol doubt it.. know you to well. 100 is what you tell the mugs

[christianf12] 05/4/2013 09:32

pmsl

add a 0 on to that : ))

[rajaster] 05/4/2013 09:31

cf getting excited so he can sell for his usual 10%.

[christianf12] 05/4/2013 09:25

News next week apparently.

[christianf12] 02/4/2013 13:34

raj, lol

I'll probably be long gone by the time you get your money back put it that way : )))))

[rajaster] 02/4/2013 13:27

CF how quick will you dump as per your reputation.. always like to hang around whilst your in and quickly flog as soon as you get a chance. topinfo and yourself serial pump dumpers.

[christianf12] 02/4/2013 12:56

News is coming as we have been told as such.

I am expecting an updated flow rate number and confirmation that SLME are now receiving revenue from sales.

Can't see the market cap staying at a silly £2m when that happens imo.

Buyers will be all over it on that news as how many £2m oil/gas co's are out there actually generating revenue?

Actually, how many £10-20m oil/gas co's are out there generating revenue?

If there is a scramble for stock then I can see 10p passed in a flash as how many of the 34.5m issued shares are actually in free float?

Exciting times these next couple of weeks for SLME holders imo.

[cliveas] 02/4/2013 12:40

Well the current valuation will be blown away once any sort of production is attributed to silvermere!

Yes dilution is coming but with only 34m shares in issue and at least most of running costs covered it will fund either more drills or asset acquisition!

Edge look good but are valued at 19m

Slme are in catch up mode imo!

[rajaster] 02/4/2013 12:29

CF how far are we from that valuation.. how much dilution is required to get there.. that changes the picture entirely.. my estimation the requirements for the next to drills.. talking $6 million per well..the p2/p3 can only be converted once future wells come on stream. so we continue to await dilutions are huge market disounts for the house broker bucket shops.

If i was investing my money now it would go to northcote or edge resources. both are very similar to SLME but havent failed to delilver meaning ful value and have other assets as contingencys.

I'm talking this company down despite holding at above double todays prices.. primarily because the only way to hit home is being realistic. been 4 months since the last equity placing.. wonder how much cash is left.

[cliveas] 02/4/2013 12:13

why such a long name? Inversely proportional to your personality?

[whereareallthemugpuntersyachts] 02/4/2013 12:05

Look how desperate the pumpers are to ramp SLME the permadog

[christianf12] 02/4/2013 11:13

$70.7m of P2/P3 OIL RESERVES

= £45M

Divide by 34.5m shares in issue = 130p per share