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This is a question I've wanted to ask. When do the government need to respond to our extension of time claim?
Government has rolled over at every turn so far.
Good news is often followed by some other delay/bad news with this share
Has the govt accepted the "force majeure" event?
Hopefully it'll stay strong into close - at least my PFs the right colour on the holding now!
With our without the new shares, i expect a pullback at some point.
We have on average been going up by 20% on average, which is where we should be.
I am sure, most of us will accept 10% per week from now until spud :-)
Be interesting to see ;)
I agree. I doubt there will be any major effect. The current appetite for the share will more than cover this amount of shares. Good timing/lucky timing.....
Tex
As I said ealier my guess is that those shares may well have already been forward sold into the market. Volume has certainly far exceeded that over the last few days. In any case the market is already well aware of the situation so it should be discounted in the price already.
Be interesting to see how the price is impacted with the 120M new 1.27p shares entering the market on the 4th June?
I dont attach any great validity to Zak mir, having noted his 'predictions' in the past and given the new discounted equity factor.
This should most definitely see a multiple rise as we approach drilling, imo but dont see that within the next few weeks - especially given the aforementioned factor.
Comfortable holding for the Dec action.
Atb