I was trading these shares for 90p months before im5 . And now since we found oil price dropped .wonder if Im5 didn't find oil we night be at 3p now lol
Hope this link works - good post (IMO) on iii forum http://www.iii.co.uk/investment/detail/?display=discussion&code=cotn%3ABLVN.L&it=le&action=detail&id=11174034
Just for info from britishbulls as of 17th Let’s jump on our white horses and go for a bullish ride. The bullish pattern that was previously identified is finally confirmed and a BUY signal is generated. Most probably, it is the right time to participate in bullish fervor. The market is telling you about a new profit. Do not miss this bullish opportunity.
RE: report out
Read it all last night, all in all pretty pleased. Most stuff a reiteration of what we already know but nice to see, if it all works out the way the CEO sets it out this is due for one huge re-rate for the patient. Their new exploration permits are interesting, about time they got back to exploring. Gla
Good point ref gsa and eeaa both at same time.. Makes sense (thurs 13.28) I was under impression eeaa would be last week. I don't expect gsa until June...
Yes you are right. $420m isthe cost is. BUT add on 10% contingency amount that they must have. Plus excess amount that must be in place before each cash call..... The $60m is part of $500m, not extra.... Short term bridge financing is not available. Yet.... They are working on that tho. Farm in partner is very important. Should be easy to spot how good a deal we get given % we give away versus how much the farm in partner contributes.... Like I said, lots of value to add here but plenty of risk to go with it. Happy easter all.
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