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The Market will draft. It’s just that time is needed. This is one of those shares that needs time to build up. I remember mtr. That took forever to take off but when it did it went from .8 p to 6 p. I’m holding and waiting

Yep that was a special time - from 0.5p to 6p. It took about 6 months in all I think. But it was backed by fundamentals. So let's see what this brings. A couple of weeks and we should get a taster

There is no way this share is staying this low forever. I reckon when it wakes up it will bag easily. The main catalyst I strongly believe will be the fda approval

No way did u sell lgo at .88p. That was one of Lenigas’ finest. He has tried to do the same elsewhere - I guess kind of with ukog but that took its time. Let’s hope the same here. I have a good feeling about this too.

Geez talking about lgo - that brings back memories !!! That was one hell of a gradual lift off . From .5p to 6 p I believe !???!!!! Was it ??? Let’s hope something similar here

With that rns, it will probably drop even more now

Interesting research with some pertinent info. For LTH obviously. This is buy, sit tight, maybe bottom or top drawer and wait

Really interesting posts this morning. Thanks

Thanks draft. Interesting research that sheds some much-needed light on this share. Good weekend pal

What is going on here again with the dips ??

Sorry marmie and not mannie

Thanks mannie Let’s see what happens in the next two weeks

Some have jumped ship, some will buy more, some will sell now. Time will tell whether u made the right decision. Same happened at ggp, ukog, 88e and others too. Let’s see what happens on the next rns with news

It looks like it has settled at around the 1 p Mark. No sense for it to rise unexpectedly or drop substantively. Let’s see what the future holds when the newsflow starts

Great post Gatto - it will be hilarious if/when SL strikes oil !!!!!!!!!!!!

This is one of those shares I guess which is put in the bottom drawer and wait ???!!!

Spudded Now wait for next round of news

Guys - quick question. When are we expected to hear news on SL? It is likely to be mid-September right? So does anyone think this is not about SL being a duster or not but the wait is long and the MMs will inevitably drag it down. Didn't the same happen to GGP - from Jan to June- such a long wait for news and it dropped. No one knows what will happen, i.e. strike oil or not. But I do think it is the wait that will drag the SP down.

Strategy-wise to each their own. You could argue 20% COS so don't buy or you could argue it is in a proven area - block V, there has been interest. I will run with that argument. This is a risk - no doubt but I don't think at present, it could be blamed on SL being a duster?! Just my thoughts.

I am sure he will deliver. All looks good and set and the new CEO has a track record. The problem here is patience. We are looking at Q3 and Q4.

Apologies for the typos but I think everyone gets the points I was trying to make. Be careful with analogies. Look out for fundamentals