San Leon Ignition needed!
Lot of requests for an update on the 100k to £1 million challenge!
The initial trades where
225,000 San Leon purchased @ 36p per share total cost £81,406
70,00 Cadogan purchased @ 23.50p per share total cost £16,450
Total cost £97,856
The current value for San Leon £87,750 @’39p
The current value for Cadogan £31,500 @45p
Total present value £119,250
That equates to an increase of approx’ 2% on the initial £9,856.
So an excellent performance from Cadogan where I now see bigger gains to at least 50p possibly 55p over the coming news time-line. San Leon, although they did hit 41p and we are trading approx’ £6,000 in profit, hasn’t exploded upwards as of yet. Positive news should be released which may light San’s blue touch-paper. Big hopes for San Leon!
So all in all the challenge is very much ongoing. I do have other plays to invest in but will await the next round of news from both investments before deciding the next few steps of the strategy!
Viva!
Daniel
Hi Dan,
I am surprised you don’t have any money in RRL or MTA
Cheers
John
John,
Dan mentioned in his previous post that he is in MTA@1.65.
Check the previous posts.
Apur
I think RRL will hit the 30p mark by the end of April and hopefully MTA will hit 6p by the same time and I will be a happy bunny 🙂
OEX will explode soon. Going upward since you mentioned last time. Good Luck to all those who are aboard.
Dan! Good Luck with the challenge £100k to £1 million.
As always great information and thank you for researching stocks for all of us!!
Great effort.
Apur
the mta hell just goes on and on !!!!!!!!!!!!!
Dan when do you expect news from SLE?
Thanks
DAN
Interesting article out regarding Rockhopper Exploration http://www.theaimboy.info for your Falkland upcoming blog or maybe million pound challenge.
I know your general view is poor re falkland investments like Desire however RKH price is crazy based on existing cash/discovery.
By the way can you continue to keep many of us informed on RKH apprasial well please, as many people have emailed me about it. I know you have contacts in this direction
Hopefully with 80% cos it will be ok, only 2.3km from first well within Sea Lion Discovery this time, love to hear rumours around the city before hand as normal re RKH !
ps when i mean first well thats Sea Lion first discovery 14/10-2 not to be confused with last high risk, poorly thought out failed exploration well.
Dan,
You are totally wrong on the MTA dates so far for A12 &A13 results. I do follow you but many other are begining to make me question if you are correct or not on your city contacts. I have read many posts over the weekend that mention your lack of knowledge/detail on the so called patch reefs on the soko field, which will drive the future value.
If you could clear these details up, we would be very comfortable with MTA and the blog. Cheers
Hi Dan Great Blog/site. Good start to the challange, amazing if you can do it Good Luck,
Chris
Dan, you still in LGO? Presenting at Oilbarrel next Thursday, 17th March and at Master Investor on 16th April.
Dear Daniel,no news from Matra,in your last post you said imminent!!!!!!
Thanks
Angela
He must be guessing on all of it?!
Guessing?
Matra have risen over 300% since the first blog on them.
PL sorted he guessed right on that
A13 sorted he guessed right on that
Production testing he guessed right on that
NH in Russia he guessed right on that
Told peeps to hold from 1.54p he guessed right on that
Too many guess’s for my liking!I wish I could guess like that I’d be a Billionaire!!!
Tommo
I know it’s a pain. But until they decide they have pulled all the threads together then it’s a game of patience. There is a whisper that the Op update may delayed due to a market sensitive position.
Dan
Dan what on earth does that mean? Maybe delayed due to a market sensitive position??
What do you think it could be dan?
I’ve a feeling that MTA are with holding info on a12 i reckon that there’s another placing gunna be announced with the productoin news on a12. Just a sneaky feelin.
pickle