Hi El,I understand your reasoning and have to admit that my...

Hi El,

I understand your reasoning and have to admit that my shares where for sale this morning but I pulled the offer , as something reminded me not to sell in the middle of a takeover battle.

Time will tell if this was the right move, but I feel good about it.

The delisting shows that management does not care about shareholders at all. What difference would it make to postpone the delisting now when you know that you will be takenover within a month or so.

It made me quite angry when I read the announcement on the ASX yesterday and re-inforced my feelings towards the management of LIM.

But on the bright side we always wanted our A$30 and now we have it.
I just wait for the A$33 .....lol if my instinct is right.

Maybe its time to have another close look at our oil producers with the rising oil prices of late.
If the oil prices are going to stay where they are now then COE will become a real cracker with the spudding of Madura and beyond.
Some of my LIM proceeds will go to COE if the price is right at the time.

Also PSA should benefit from this higher oilprice , and if it just could go back above the $2 mark my portfolio would look much better.

But to be really sure what the next best bet will be , I am not sure.
We have been very lucky with Nickel, and the fun is not finished just yet I believe.

good luck

jojo