RE: O well15 Nov 2018 08:57
Getting closer to a market capitalisation of just £15m now, which is crazy considering our permit to develop our large resource. Finding the movement since permits granted a little strange bearing in mind the substantial investment in here at much larger prices by MC, RB & JM. Surely there's nothing stopping these guys raising their stakes here, unless privy to relevant funding details. Debt has to be the way forward now, with as some have suggested the security of production revenues. Accounts showing that we have a good eye on costs at the moment, pending the next stage. Confirmation of effect on total resources following last drilling, then after a reasonable time the funding and timetable for mine. This has to be completed within 18 months of permit? Is that correct? Clock is ticking and personally I am drip feeding investment in here at regular intervals. Massive re-rating on the cards in my opinion.