Acamas, sadly we have no way of determining what AMVESCAP may do or any other investor. We can probably only agree that with only 3 months till (probable) production at Chinguetti SEY is very reasonably priced to buy at 17.5-75.
Even a rally to 23-25p in the spring is a good 35% gain if holding at the current price. Many of us here have been buyers at 15 and 16's, so better still.
I appreciated the post above about long term fuel proces, the key section being this: again a very pleasant prospect tfor SEY and probably also HNR etc:
' ... this particular edition of the OMR highlighted the IEA’s view of oil markets through 2010 and concluded that there is “ … no strong evidence of a significant change in current [oil] market conditions over the next five years.” The IEA’s view of the future, while shorter in scope than EIA’s, comes to a similar conclusion: oil prices are likely to remain high for the foreseeable future.
In addition, the IEA notes that while OPEC spare capacity is expected to grow some in 2006, effective spare capacity may not reach 3 million barrels per day until 2009. This puts pressure on the oil industry to maintain inventories at higher levels in order for the market to be able to respond to potential supply outages and demand surges that are likely to come over the next several years....'