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Gold/Mining/Energy : Lundin Oil (LOILY, LOILB Sweden)

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To: Tommaso who wrote (2008)2/2/2001 9:20:38 AM
From: Helgo Wiberg  Read Replies (2) of 2742
 
Now quoted 24:40 skr. More friendly politics against Sudan and Libya will help an already way too undervalued stock. Thar Jaht drilling will tell what Adolf Lundin said back in May-99 "I think we have an ELEPHANT here." Add high oilprices, record profit, stockprice 50% lower than average price of 1996, a possible sell of half Malaysia (would bring 120-160 billion dollars which is more than half the Market Cap) add the rest of Malaysia all the Oil in Libya, North sea, Sudan and PNG you understand why Swedish Enskilda Bank has bought nearly 2.000.000 stock over the last couple of weeks. This stock will see 6 dollars before year end. My own target is 8 dollar.
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