Evening all6 May 2022 22:18
Deliberately haven’t posted. Just wanted to see who and what crawled out the woodwork!
What I have learnt since the last 2 RNS’s .
New key buzz words like “healthy consolidation” WTF does that mean?
“Recovery Play” PMSL.
There were actually 2 good posts on production figures which could have been construed and interpreted to be a negative for F1.
F2 I’m hoping flows at the higher end of expectations as it surely will cause flow issues for with F1. Can’t help feeling the migration issue you get with offset wells is hindering lease.
As for the SP , well last week gave and was the perfect opportunity for the 71m warrants to go through. If you counted the chunky buys they will add to this. 20% rise in over 2 weeks gave some warrant holders chance to sell in to rise ( whilst the ramp team were on)
I’m afraid a few in the newbies are trapped.
All this for a target price of .6 to .7.