Sefton - A tiny and very undervalued oil company

Just to add to Qunian's comments, David Millham is (was) very reluctant to build investors confidence in case they faced another disastrous - i.e. weather, or blow out etc. He seemed to feel that if they raised all expectations and then something out of their control happened, once again, it would have a devastating effect. They are, therefore, taking things slowly but, as I have posted before JDM is very excited about SER, its production, land and future. He said he would not have invested unless he thought it was a worthwhile opportunity and that, at some stage, he will be topping up again.

The overhang, is just that and we must be patient. The only good thing is that we can pick this stock up at a very good price.