As they seem to call all of the shots. Perhaps the Kaza Govt are waiting for the Halliburton report/plan, and will provide the necessary. Just guessing of course. One thing you can be sure of, is that things will be much further down the road than we think. On another topic. How are our sister company coming along with their drill? Namely Poxy Roxy!!!!!!
We run out of money due to the stuck tools over a year ago, would someone not of already jumped on board by now given our situation a few months ago? They could of pulled our pants down and got a 60/40 split as operator, if it's that lucrative and only 1500m from TD ... Why are they not queuing up with, what is pocket money to a big player, to finish this drill ?
That"s all it was, in the pub, full of drink. I fancy MAX see themselves as a mid tier producer, with a boatload more oil/gas than they can (or wont) admit to. Govt onside, very good track record of late, building infrastructure, farm in on deeps to come (just arguing over terms). With so many shares in issue. Makes them look a bit Micky Mousey. As if they have been scrabbling around for cash. Which we all know is true. However, as someone posted today, perception is the thing. And if NUR1 comes up trumps and derisks all of the others on that archey thingy. Then mid tier may be well short of the mark.
bad idea in my experience, the falsely raised SP allows it to drop further than it generally would at the lower price, 40p gives everyone a false sense of security and dropping to say 28-30p wouldnt seem too bad, but in reality that is 2.8p and we would be all quite upset if max went to 2.8p as it stands....i know in reality it doesnt really matter, but i feel its a perception thing, and we would drop more than we are doing at the moment on discoveries IMHO
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