who, what, where, when, & how. no why required, page-6

Hey San,

Firstly - Tick in the box for - "Not" using posts to be your motivation to buy/sell/hold ANY Stock, regardless of the poster.

As to your second point... (I hope not too OTT)

Hard question.

It wouldn't be appropriate for me to provide exact values regarding my investment, but I do understand what your asking, so I will try to answer indirectly.

I believe SWE to be extremely undervalued. As we know, the market sets the price, so we wait for the market to decide when to acknowledge that price and when to push it up (if at all or ever).

We have seen a push up late last week...and were always going to strike some resistance moving past 20, due to those having purchased in the IPO thinking they are getting their money back. Even though this has been only a couple of months in reality, and the market has had a bit of turbulence during that time. (I do not begrudge their stance one bit, and actually understand it)

Today was very positive, we saw good volume, with a slight lowering of the recent rises in share price, with thin sell depth remaining for all prices. Maybe a few still to sell, but I think these will be soaked up without to many issues, and then the next leg up can occur.

I believe the next leg up will be more decisive as those buying now and over recent months (me for one) MAYBE more inclined to believe, as I and others on this thread do, that there is huge upside potential with SWE.

There is a couple on this thread that believe SWE is 10 bagger material....Looking from $0.16 cps, that's $1.60 and the other price mentioned was in excess of $1.00.

Whilst I don't want to mention specific prices, I have never found reason to out rightly disagree with either of these suggestions regarding the possibilities.

I have seen a share run from low cents to mid dollars pre spud & during drilling in a matter of weeks. That share had quadruple+ the amount of shares on issue....only 2 bits of land and less prospects than SWE has. (in other words, SWE is far superior retrospectively)
So the above prices aren't out of possibility.

Should we Strike Oil, and a lot (which would only continue recent EARS and Regional discoveries).... well, lets just say that you'd probably rather burn your shares than sell them for only $1.60 as you'd be getting robbed :)

Even if our Shares on issue doubles to 300 million shares fully diluted...... a discovery is what we are shooting for and the price per share could be significant indeed.

There is no little black book on what should or will happen, but I think most would agree, that as information (positive) comes in regarding our neighbours project successes, advancing our own projects, New acreage, Competent Person Reports on potential reserves, drilling location selection etc etc and eventual spudding of a well ....well!!

The Fosters Report used "Blue Sky" as their outperform price indicator.

I have taken a lot of comfort from the OPL report due to its comprehensive, and conservative structuring.....I do see :).29 cents as chump change for SWE :)....and even they mention many times....29 cents is an early valuation......I look forward to their 6 weekly updates.

I actually hope for a gradual two steps up, 1 step back, 3 steps up, 1 step back share appreciation, but have no doubt a rerate and spikes will occur....when those with big money want a slice.
Remembering with a tight register this could be anytime.

I am conscious though, and this may be totally wrong, but with Kenya 12b suggested to potentially contain 1.2 - 2.2 BILLION Barrels of O, and us partnering with Tullow......I just think Tullow share holders will get awesome leverage off of becoming SWE shareholders as well......Maybe someone else can comment if this thinking is out-of-whack?

Don't forget....There is some things out of the control of the Company, me and you....everyone. There's never a sure thing, never a can't fail, never a two good to be true.

Good governance, fair play and a little luck will see SWE become a market darling.

I hope this little :) post helps in someway.

Be careful out there!