After the drip drip drip neglect of the resource sector bargains are now becoming common place. Here are 5 stocks that look set for 50% growth within the next 6 months. No guarantees of course and risks as per usual prevail. 1. Gulf Keystone – A positive Court case result and commencement of production in …
TheCoffeeHouse
Intraday news on Bowleven’s IM5.
News just out on Bowleven’s IM5 which makes for good reading. The sp was trading at 100p+ based on IM5 success but has for some unknown reason drifted back to the low 70′s. Black rock have been trading the stock and appear to have been piggy backed by a few other outfits shorting the stock. …
Max Petroleum – Successful Baichonas West Appraisal Well
MXP continues to notch up success across its shallow prospects. The potential to frac the triassic section certainly opens up a new possibility for the Baichonas West field which is quite exciting. Next up on the drill plan is SAGW-4. MXP will be hoping for similar results to SAGW-3 which was successfully drilled in Feb last …
Bowleven oversold in casino market
The market will eat itself. Chewing on its nose despite its face – it may well be on the verge of no return when it comes to the small caps / resource sector. The AIM index and resource stocks in particular are now so disconnected with any sensible valuation model that they may as well …
Tethys Petroleum Limited: Protocol of Intent Signed in Uzbekistan
Tethys continues to make great progress across all their assets. 1st quarter results out today also showed an increase in production numbers. While most investors are awaiting the Tajikistan farm out agreement between CNOC, Total and TPL to be approved by the Tajik gov - Uzbekistan is easily overlooked. TPL is quietly going about its business and …
MXP boosts cash flow with near doubling of production from Asanketken Field
Good news from MXP today and certainly not to be underestimated. The impact is immediate in terms of boosting cash flow from production. The numbers effectively double the production output on ZM field which is clearly some upgrade. Kazakhstan has a reputation for being red taped up to the eye balls. Moving production from test …