I think it will retrace more ... We had such an early rise.. Took me by surprise .. Profit taking.... Top slicing .. Just means more can get in and we can top up more... I hope it does go lower.. I'm in with my shares... I'm waiting to use some money from MARL and ACP on news there to put some more in here for march .. Cheaper the better .. We all know the sp will rise significantly prior and during spud .. I also think around 12p at spud .. So,the price now is of no concern .. We not selling... We are waiting ....
People waiting for this to drop
Are playing a high risk strategy,the share is in high demand and as we get closer to the end of the year this will only continue..... once we see the RNS regarding farm out the SP will shift in seconds. I expect at least a 40% increase on this news alone with a slow steady rise to 10p+ pre spud, I much rather be in now than miss the boat.
don't be long before buying back in, might not drop back to your target!!
yes 10p on drill in the next few weeks so irrelevant what it is now. good luck mate.
Dont worry 100% from here on 12 weeks. Lost a bit today but those that have been in drills before should not worry.this will be well north and is a great buy in. My valuation model has this 22p a spud. But being realistic 10p is a cert. Check out peer valuations and my fundamentals valuation. 10p isa cert
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