guys i was one of the positive speaker for this play

i always said that it s goig to be hit or die

in my opinion energulf have no way to battle at all

they can t win on any play lets see why....

1 - the test is positive and its commercial they are back whit almost all the money left and are instantly in a position of short liquidity which is at least uncomfortable to say but ask yourself now how the securities will analize their press release whit the timing they used, it smell bad very very bad and then what i see big problems if this scenario happen.

2- they stay out of play for kunene and they were right no commercial stuff there but hey hartman could be a hit because kunene had some kind of positive result so hartman in my view is still alive , ok now what ? they need money for hartman now explain me how in the world they will be able to get financement whit a pp here because at 40-60 cents range the dillution will be blowing your mind to raise enough cash for this kind of operation. and worst of all they did managed so poorly that it will be tough to get investers confidence again and again remember ...fool me once shame on you , fool me twice shame on me.

3- congo play

same story then number 2 exept the cost for exploring onshore is cheaper but still need a pp in the same range

what kind of response could eng get for a pp anyway at this point ? they failed being transparent to their shareholders all the kunene play time. they can hide behind the hole status if they like it but no investers whit serious money are fool . they had a lot of chances to release informations and did not.

i think they poorly managed whit the ir dept and wathever whats next they just can t win.

i already told you that i sold my position in the 2 $ area whit the intention to get back quick whit any positive sign. it just never happened but honnestly if i were today holding a position in this corp anywhere between 1 share and 1 million share i would sale it right away and take the money such a transaction would give me because there is still buyers ........

i do not see how anybody could be positive here but hey....i was wrong more than once in my investments moves so .....

wish you all to benefit from your decision whatever it is

dmaster