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Anyone putting money in now should hold until news. Shares will be impossible to buy soon.
Target price short term 50p on news.
Me too lol
Certainly looking positive.
Fingers crossed they’ve got something huge lined up.
The big boys are loading up ??
Another TR-1.... Something good is brewing.
GLA
First stop theming I assure you not every tr1 is a savvy investor lol
Best shell on the market this one tho so you’re either in on your out.
I’ll point out the obvious but all right now have a chance to derisk and have a large free carry or profit, Which ever way it goes from here the opportunity has come to us all, and the decision is on yourselves whether you chose to do so or not. Well done.
Defo a placing at some point.
You won’t be able to buy any near production oil field that isn’t just a money Pitt for anywhere near £400k.
On the other hand these guys are very closely alined with shareholders & won’t be doing a bucket shop placing.
Oil price should be stable next year after maybe a turbulent winter, with Biden in office who will / should shrink fracking supply & could kill off many oil companies with a corporate tax rate hike.
It will cost much more than £400,000 to develop those Egyptian oil fields. So expect a placing to raise funding here. You don't get much for £400k
They mention all this in the prospectus, were / are in talks in that region & needing the oil price to recover to around $50pb, which it has, hence the increase of interest.
Where Kevin resides yes.
Ah OK. Sounds like this is going to explode!!!!!
Plenty of oil projects up for grabs in Egypt that are viable around the $50 oil price.
Egypt?
RNS
Not going to happen. I asked him today about partial investments and he is going for 100% acquisition.
25p by the weekend
So many will be coming onboard next level above mid 20's
Must was my last undervalued total bargain stock, looks like I can pack up early for Xmas while I wait for the next bargain to appear.
Happy early Xmas holders :)
16.2p paid, directors get their pay day options now.
Cue the news flow.
Just 25k on the ask before NT. MM’s in a spot of bother now!
I'm thinking an announcement on Wednesday, that Mustang are taking a 50% share in the pilbara gold prospects currently owned by New Age Exploration (NAE - ASX). The securities in NAE went into a trading halt yesterday, pending an announcement on the Pilbara projects. NAE is chaired by Alan Broome, this effectively would give a dual listing for the project
simbah
Good ramp, I like your style lol
MUST!! Tr-1 must be coming in due to the spike
been looking at well promoted MUST in twitter and less well known ORM.
MUST market cap around 1m, cash 0.4m, news due
ORM market cap around 6m, cash 5m, oil asset due in next few days
just wondering, how come MUST mcap is double that its cash while ORM mcap not double than its cash?
it is because MUST is well promoted and hence very popular amongst PIs? or this is to show that ORM is undervalue and can rise a bag from here?
we may get TR1 tomorrow in Must but equally we had Irish billionaire TR1 in ORM last month.
anybody care to explain?
am just looking where to invest next, but want to avoid pump as much as possible.
am posting this in both board for discussion.