SWE down 20% over last 3 weeks - why?
Combination of US debt drama, Nairobi mall tragedy & perhaps a little negative sentiment from Apache's withdrawal from offshore Kenya (if you know any PCL holders, be nice to them today)!
Apologies in advance for my self indulgence here but I also
couldn't resist buying today - waited patiently, 18.5c partially filled & someone had to go 5k @ 19 at the last minute to spoil the party!!
My funds are limited after having also just taken a dance in the African sun on an Iron Ore speccie, so SWE sellers, please don't entice me with any stock cheaper than today or I'll be forced to reach for the wife's credit card & hit a debt ceiling just like the Yanks!!
To compensate for boring you all - here is a little snippet of news out of Zambia:
http://lusakavoice.com/2013/10/10/two-zambian-firms-win-bids-oil-exploration/
SWE's Zambian subsidiary - Kainsha Energy, is a Zambian firm, so article could even be referring to us. Either way - announcement on blocks very soon!
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