This has been tried before. Expect much weaseling to get out of a losing position.
CEY probably have KEFI in their sights. Only £14m cap. They just have to wait for the right moment and they could probably take it out for £20-30m.
BTW, one of the BEST oil traders, Alan Hall known as the god of Oil Trading, is going all in long on oil. He expects the US shale plays to be overhyped and US oil production will start contracting again in 2016.
mog, considering the US created ISIS, yes, another controlled war is most definitely wanted.
I hate it when I agree with the Pompous Jerk.
nothing cures low prices like low prices, we are closer to the end than the beginning... much closer
But he knew that Pompous Jerk knows exactly where gold is going...
Pompous Jerk only sees what he wants to see. Sold CEY at 39p and has been talking down the FTSE since 5000. Of course, he is always "right".
Its all really a sideshow to Sukari. Ethiopia is looking like a bust but Konkera has one of the biggest untapped resources in BkF. It will take 2 years and less ebola to get it into production, IMO.