Thoae big orders has allowed PIs to load up at silly prices. This isnt even £60M yet which a pathetic valuation. They'll let it go today/tomorrow now these orders arw mostly filled
When when considers our strong cash position £12M-£14M. Our Atomic asset. Equipment and production we are pricing our 1.3 billion barrel discovery at zero.
Don't be disheartened by the drop from the day high guys it surprised us all. Evidently the £1M of delayed placing flippers dragged us down but these arw now filled, processed and out. Let Canada lead the way...
Surprised by the fall from 30p. Hopefully the placees have almost been exhausted. We traded the whole placing volume (30M) alone today so over the next few days we should really be on our way.
If it weren't for the well issues we would never have known about the outstanding oil reserves which was missed 40-70 years ago. Horizontal wells to achieve 1000-3000 bopd from each location which is awesome. Up today on Friday but a long way to go to get to fair value...!!
We've almost traded the whole placcee volume from Dec 1st in one mornings trading session. Soon the brakes will be off. Whether it's today or tomorrow. Once the MMs have adjusted their books it should fly
A nice intraday reversal taking place now the remaining of the placement flippers have vacated. Bring on the real rise following a 1.2 billion barrel discovery under our feet