Sterling say cash flow will increase by 400% in 2006

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simonbroughton - Thu, 22 Dec 05 :

Hectorp / hoggar FWIW I sold out of SEY when the financial deal with the Mauritanean Government was announced. I felt that SEY were going into a high risk situation a bit too far. I don't want to pour cold water on you guys because SEY is a very good company and I keep it on my watch list but, at the time, I sensed that even the drilling progamme offshore Mauritania hadn't produced anything special and I think that is still the case. I felt that other opportunities were better. This is just my opinion and I hope you strike a big one sooner rather than later.


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