Xcite Energy Ltd (XEL)

Shatners_Bassoon

http://www.bmrplc.com/

ALl you need is on that site, news is due anytime on whether BMR have secured extra tailing in Kabwe, if the acquisition goes ahead then their current marekt cap is way under valued and a rerating is due.

Jonbvn

Thank God XEL I've got XEL in my ISA otherwise Mr CGT would be knocking at my door!

CashStrappedTeen89

Jonbvn wrote: »

Thank God XEL I've got XEL in my ISA otherwise Mr CGT would be knocking at my door!

Held XEL in my ISA to, but as ive only just started i only had a small holding of 3k on it which is now up to nearly 300%.

bobbyj_2

Interesting, I've had a private broker note and this (very small) broker is urging his clients to buy as much XEL as possible. Crazy advice imo though i'd have to agree :-O (if you've got a good few quid in reserve jsut in case the rig blows up or something!)

blinko

bobbyj wrote: »

Interesting, I've had a private broker note and this (very small) broker is urging his clients to buy as much XEL as possible. Crazy advice imo though i'd have to agree :-O (if you've got a good few quid in reserve jsut in case the rig blows up or something!)

well ignis just sold some shares, now is a risky time to get in, but then again no risk...

im looking at BMR but don't know wether the news is factored into the SP already i missed some dips today so looking at entry at 6.38

hows your folio doing bobby

RRL doing well today

chris_m

bobbyj wrote: »

Interesting, I've had a private broker note and this (very small) broker is urging his clients to buy as much XEL as possible.

Ah but is that because someone knows something or someone needs to offload their holding because they know something else? ;);)

They certainly "seem" to still have legs, I have to admit. I've bought and sold twice already for a more than acceptable gain, but I've bought yet again and they're still generally heading upwards. Came close to £3 early today before dropping back by lunchtime, then up to £2.94ish mid-afternoon and back down to £2.8675 at close. Think I'll hang on longer this time, just in case

spike87

blinko wrote: »

well ignis just sold some shares, now is a risky time to get in, but then again no risk...

im looking at BMR but don't know wether the news is factored into the SP already i missed some dips today so looking at entry at 6.38

hows your folio doing bobby

RRL doing well today

I got in BMR yesterday after reading so much good news about them. Every piece of news released seems to be positive and I keep thinking there must be a catch somewhere! $$$ to be made I think.

Jonbvn

I'm expecting XEl to issue an RNS on Monday (they always issue them then???) wrt the flow rate.

I hear ignis had to sell some stock since their XEL holding had exceeded 10% of the total fund value, which is against the rules.

uptomyeyeballs

Jonbvn wrote: »

I'm expecting XEl to issue an RNS on Monday (they always issue them then???) wrt the flow rate.

I hear ignis had to sell some stock since their XEL holding had exceeded 10% of the total fund value, which is against the rules.

Do you not think Monday is a bit early for flow test results? I don't think the tanker is due to arrive until today, so they'll have to go some to have results by Monday. I agree however that if they thought things weren't going to be good that they wouldn't have commited to that rig, with it's big penalty clause.

It's starting to look very good though. I'm already sitting on 4.3x my investment, so my original 10x estimate looks quite possible.

sabretoothtigger

Do you have a drilling schedule for xel. Im interested how the share price corresponds to events