I appreciate that some have been here for a period of time, but realisation of value really isn't that far away.
Albeit not reflected in the share price, we've just had a reserves upgrade beyond anyone's expectations. Whether we partner with someone, or sell, we are now in a stronger position that anyone could have hoped for just a few months back.
The 'mystery' around XEL's IP is becoming clearer yet, dare I say, even more mysterious. The fact that EOR hasn't even been considered, in our recent reserves upgrade, is mind boggling. Especially considering we're supposedly 'best in class' with such stuffs.
I think it's safe to say that, unless you're looking for a quick exit, this is nailed on to provide some significant blue in your portfolio before long.
What's not to love?
The only question for me is how much I leave in here to realise it's full potential. That, and when do I stop throwing in more cash.
A ramp, I guess, but beyond the quality of any impending farm out/sale, there really isn't any risk left as far as I can see.
I think you have a conflict of interest with reality. To have a sale you need a buyer, any formal bid will be subject to RNS. Everthing else is just speculation and rumour. Although my contact, the Peruvian Hedgehog has posted a strong buy from his Commodore 64.
Now't too much in the rns today, good to see AMEC get a mention but it is only a MoU, just about worth the cost of a stamp but enough to remind us loyal shareholders that they're still beavering away on our behalf
Hope you get your hols sorted, from the forecast I've just seen, you'll be more like Arctic monkeys in Blighty :-)
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