focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
The Geo JV will participate in bidding rounds for concessions in the reopening Mexican energy sector · Geo is a longstanding services provider to a number of Mexico's most established participants including Pemex, Mexico's national oil company, and a division of Petrofac, the FTSE 100 listed company · Geo is considered to be a highly competent technical partner with a track record spanning two decades of providing services to the Mexican energy sector. Geo is well placed to secure concessions and contracts via formal bid rounds and through its existing commercial relationships · Astar will seek to provide access to funding for the delivery of specific approved projects by the Geo JV including, but not limited to, the acquisition of E&P assets and the provision of oil services in Mexico and any pre-bid expenditure required ahead of a formal bid for concessions
Almost all ducks are lined up ... ASTA will be HUGE...
Why was he refused entry?! did he look like a right tool or something?!
Hello Muppet of Aim!! Its me your Moron friend who is awaiting an apology... Let me guess Muppets like you are not men enough to apologise when they call it wrong ... especially after calling MSMN wrong 10p then now ASTA at 1.25p What a loser ...
Cash at £4.25m which means sp should be at 17p yet ppl are selling at 7p! I think news on progress on way forward is needed to set it right
It's about cash position Vs Mc, it will move in due course
£4.25m cash in bank is equivalent to 17p a share so this can easily double from here & still e undervalued for a shell co... MEN reached £5m mc with nothing to show for .. So SRO should be priced much much higher esp with cash at double market Cap
Hello RB, still plenty of time for punters to join in am sure we will see it pick up more & more as ppl realise its a screaming buy
I think u mixing things up !!! SP is at 8p giving SRO mc of just under £2m, they have cash at £4.25m sp double the current mc & sp
I think it will catch up with its cash position ... £4.25m cash in bank means 17p sp so that 100% up from here
Hello Oilfutures, I think it will correct itself may be slowly may be with a spike up as volume picks up .... It's 14% up but still have all the way to 17p before it should settle so yup you read that correctly still another 100% to go
You would expect it to to get close to 15p with cash right at £4.25m .... It's still under the radar I am sure it will pick up as the day goes on
This should see a good rise as it picks up on other investors radar .... £4.25m cash should see it hit 17p or there about so it's pretty safe at these levels ...
All I know is that it's trading to a discount to its cash £4.25m which is equivalent to 17p a share ...
Offers a bargain now ... way below Cash level and a £550k investment ... this should be at 0.26 to 0.3p not 50% discount lol
It's hard to think this has suddenly seen volume out of sudden with no imminent news to be out ... Last week I witnessed same on TPJ where volume went right up & within few days an RNS was out ....
Lets see how this pans out this afternoon... they have increased the spread, they dont want buyers by the looks of it and need shares
Richard Griffiths holds 24% & also 21% via Blake holding Mr G is the CEO of ORA with lart years revenue of £149m & profit of £71m .... Why is this guy invested with 45% on QRM?! he also owns another company that has over £100m MC!!
Looks like trades are going through ISDX too, they want to hide the volume ... sneaky MM's
to me it seems that something is up here ... Volume has increased over last few days ... the Net Assets are way over the company MC and it should see a good recovery ...