Yes as foretold here on the blog Xcite’s rise is destined to continue with in-house notes now being re-written.
Upgrades are a plenty here in the city of London.
Xcite’s drill is now known to be in its latter stages with a big increase being pencilled in re’ the Bentley OIP.
This share-price is well on the way to breaching 200p with massive oil potential about to be confirmed some believe that Bentley could hold up to 1 billion barrels of oil.
The price targets on such a find will push this sp well over 300p per share.
Expected news from Xcite will be very positive as they gear up to announce the full commericialty of their Bentley field the sp is expected to rise significantly. Xcites NOMAD are known to be rubbing their hands with glee.
The FDP is a FOREGONE CONCLUSION! BENTLEY WILL BE PRODUCING OIL so says Dan’s contacts.
You can take it as done that the field developement plan is being worked on as you read this post. Bentley will become yet another commercial heavy oil play in the UKCS. My Stat-oil contacts have been sullen in their response to calls. There’s the feeling that they have missed out on Bentley running through their Board! Tough luck!
ALL the brokerage coverage is positive. There is going to be a BIG rise!
400/500P is very possible here! Eyes on!