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Sefton Resources October Data – Jim Ellerton over-eggs again – Cash now critical

Tom Winnifrith
Friday 9 November 2012

AIM listed penny share dreadful oil producer Sefton Resources has today announced its output data from its Californian oilfields for October – 115 bopd. We shall await confirmation from DOGGR ( the state monitoring board) before inking that in as in the past Sefton’s numbers have been shown to be a tad optimistic. The statement from Chairman Jim Ellerton that accompanies it is worth a booker prize. The shares,1.4p today continue to be worth less than a Booker Prize – 0.01p if you are luck. The issue remains cash. Or lack of it.

on TradingResearchPoint | Comments
About Tom Winnifrith
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Tom Winnifrith is the editor of TomWinnifrith.com. When he is not harvesting olives in Greece, he is (planning to) raise goats in Wales.
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