Its all about Colter anyway, always has been. Thats the gamechanger here. The COS% is 58% which is pretty much as high as i've seen. Its an appraisal well and a commercial discovery is worth £23m ish to ADL. Given the mcap is £2.3m and result should be due in a couple of weeks i'd say its all eyes on Colter. A strike would make the mcap look pretty damn cheap. Could head to 5p
I do like INFA at these levels. Warrants getting churned though have meant that every man and his dog is in between 1p -1.25p. Which means it's a very crowded trade. Sure it will rise but could be a bit of a slog
RE: Interesting article from @tmsreach29 Jan 2019 10:47
GEO have about £1m cash in bank. That'll keep them ticking along until summer but they'll prob want to do another equity raise with institutions over next 3 months once shareprice is much higher