SOU down to 4.9, sorely tempted now, anyone else? Or will this re-trace keep going?
Too volatile for the short term. I sold at 6.4 two days ago.
If you are investing for 18 months then go for XEL.
220 million barrels of oil (could be more) and it's in the North Sea.
Report should be out(very) soon giving exact figures (hoping for upgrade to 300 million barrels) which should see the price £6 - £10 by middle of 2012. Currently £3.60. Should jump over £4 immediately if report good.
I'd have lost interest (aka bottled it) by 18 months, I'm more of an 'in and out' man. If I'd have bought RRL at 5p I would have dumped the lot at 15p