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bought 200k more today - this is shaping up to be a fantastic recovery play. Why it ever got down to these levels is ridiculous.. should be well north of 5p! It's certainly heading back there over the coming weeks..
$25 million in the bank - fully funded for 2019 and probably for many years given they now have millions and millions in revenue coming through the door every year from production now.
Fantastic opportunity to be loading up. Should they increase production in 2019 to over 7000bpd as predicted, we should be looking at a 5-10x return from these levels imo.
Yep under the radar and undervalued ;) need to keep it that way for now whilst I free up some funds to buy more!
However with imminent spud of 2nd well I can't see us hanging around at this level for much longer
Nice to see the price breaking out so strongly of the downward trend since last summer. The re-rate here is only just beginning, looking forward to some big few weeks ahead - we should go on to smash the highs of last summer imo.
Yep - ssshhh, trying to accumulate on the quiet before interest picks up here! It will fly once people wake up to the story here given free float of <15% and such a tiny market cap.
Fantastic team, seriously impressive. I expect interest to pick up soon, another week or two before we hear annual trading statement, lets see what happens then!
I have added a few more today. Agree this drop has been way overdone, how we are valued at ~£10M (when you take off our cash balance) is beyond me with revs of nearly £9M!
Holding this one for the long term. I see £10+ this year and likely in H1 when we see bio interest rocket.