MarkinBlackpool thanks for the link,As we have said SER is at the bottom, with good news flow in the next couple of months we should see a substantial recovery in the SP the company is now performing well and with oil prices set to remain high it can only strengthen SER’s balance sheet. We still have a way to go before we can say SER is out of this trading but it will happen.
I am looking forward to the following statements over the next 2 months
1. Oil production remains strong and set to rise.
2. Perhaps a trading statement regarding year-end results with a very satisfactory balance sheet.
3. Maybe a new drilling program set for 2Q
4. A deal on land acquisition.
5. End of the overhang.
This sort of news will push the SP substantially higher and we may even see a new 12 month high.
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