CE1 0.00% 0.9¢ calima energy limited

Take your seats, page-33

  1. 8,062 Posts.
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    Welcome to calima AC. ANP & CE1 both have catalysts heading into end of 2019, lets hope they both go our way. Much prefer CE1 management though I can tell you that, they know how to execute.

    A lot of stock has been printed here, but we are drill ready and the O&G space is starting to get hot, I think it will get hotter (it's still cheap). 5.4/5.6 is massive support obviously and the speed with which we have pulled back to it and the ferocity of the selling is alarming, but not unexpected. I believe the 5.5 area will be protected by major holders. If you can get stock at 5.5 cents I think you will be doing well, A daily close below 5.54/5.5 and something has gone wrong.
 
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