Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
For three years Sefton (SER) has strung its shareholders along, getting away a series of fund raisings, claiming that a report on how to transform the (dire) economics of its Tapia field, written by a certain Dr Ali was imminent. It never appeared as promised.
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