Bladderman I'm thinking JV later end of next week.. just my view.... Art has rattled many investors here... he knows a carefully worded RNS is what's required to get this back towards 20p level and beyond.
JC announcement could literally drop anytime.. next week is good for me.... or possible buyout mentioned few posts ago ... either way the upside from here is a bagger or multibagger so whats not to like.
We can all put our thoughts, predictions, expectations, hopes, dreams and whatever else we want..its a bulletin board... no one is being forced to believe anything.
RE: Pre AGM Operation Update Next Week3 Feb 2023 09:20
Buck needed a few bucks, offers decent reduction incentive to get cash in quick.. well over subscribed on all fronts.... releases news on LP in next week or two... we head into double digits as drilling date announced .... everyone's happy.
Sometimes you have to take a step back in order to move forward and that's exactly what happen here, pretty confident back past 5p in next week or two.
There are a lot of variables which are unknown to us at the moment… if MB needed to secure funds he had to secure funds, lots of maybes here… maybe the JV is taking longer than planned so he wants the first drill to be ours alone so no hold ups… maybe he wanted the MG to see we were funded before securing new licenses…. Maybe the placing will be heavily over subscribed (I think it will) ….maybe MB has lost the plot who knows…. All we do know for sure is the oil is there and we need to get it out by hook or by crook ASAP… we can’t waste another year!