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I just spoke to my postman. he says Rose signed the JV with ExxonMobil and the sp will be £1 by friday
I agree. This is a screaming buy. Even the postman agrees. I would not want to be out over the weekend.
With 120m shares this moves quickly, we could bag from here and the mcap would still be under £10m. It's a screaming buy, why would they goto all the trouble of getting 3D seismec and permits if there weren't going to drill and have persistently said the well will be drilled this year? It's too late to do a placing now, I think they are all set and ready to go.
And I have no doubts this is a world class PONZI share that is going nowhere other than into Idiens pockets, I am still long on this but have written off my investment long ago.
i just heard street cleaners saying that Rose has signed the jv with BP.
I think you will find there are quite a few holders like myself who own well over 1m shares. In particular those who bought in at the last two placings. If we decide to hold and new investors want to buy in I think some may be surprised by how fast this will move north. I have no doubt this will be a world class oil field and with a MCAP under £5m this is only going one way.
Will have a good run now imo, only 120m shares!
Btw I believe city financial are actually a holdings company for BNY Mellon? If someone can confirm?
I dont mind seeing it go up, wont hear me complaining...id just like to see proper trading take place. Hopefully this will soon be on peoples radar. My Current average 3.6p
I agree Woody. This seems to be manufactured on low volume. Probably for a placing.
Id just be mindful of the last time this rose... a major investor dropped their holding. Beware tge games is all im saying
It's going in the right direction ...it makes a change..all we need is permit news now