IMHO we need flow rates and internal volumetrics for deep discovery, tick up to around 0.5 as a natural correction then hit the market with continued good news
Agree patience as ever is key. Just as a comparison (different industry I know) I was in jubilee metals a few years back and it would just not move past 3.5p despite the obvious disconnect to NAV. It just placed at 13.5p The market always figures it out.
U r a bit thick and understand zero about o and g stocks you would have to think with wti over 71 and a potential resource upgrade inbound we are undervalued by at least a bag.
Cheers so in simple terms they are screwed and firesale is most likely. Let’s hope creditors put the boot in and want a reliable outfit sorting things out. Looks like their equity is essentially worthless plus they owe us an ever increasing amount
Just thinking that as operator this makes most sense and gives CUDA shareholders a viable company and keeps creditors happy as Copl are a viable business