Firering Strategic Minerals: From explorer to producer. Watch the video here.
RATR -
Every CEO or Chairman promises Jam & Roses tomorrow !!!
Human nature is foolish enough to believe the hype I guess ..
That's how MM's and Traders make their money !!
It's the Investors that have to wait it out ..
ATB
RATR -
Yes I am a little surprised too, having said that though PPL do get bored / impatient when there is no news or updates and they go rainbow chasing elsewhere.
Also negativity breeds negativity so put the two dynamics together and you get the drop ..
It's a risky game AIM but as we know the risk vs reward here could be life changing IF prepared to forget about the investment for as long as it takes!
I have added a total of 3,876,441 today which is a calculated risk as my other 5 million is already de-risked.
It would be respectful to the shareholders if Mr. chairman provided something by end of month but we will see ..
ATB
Tuesday, 16 January 2024
https://english.aawsat.com/arab-world/4792561-agencies-consider-new-aid-route-sudan-humanitarian-crisis-worsens
Https://twitter.com/Sudan_tweet/status/1746910285393203219/photo/1
Today, the Governor of Khartoum, Ahmed Othman Hamza, stood at the sites of the advance of the armed forces and the forces supporting them, with great support and support from the citizens of the neighborhoods present after they decided to remain in their homes to protect them from the aggression of the rebel militia. The governor was accompanied by the executive director of Umbada locality and a number of military leaders.
Https://radiotamazuj.org/en/news/article/sudan-rejects-igad-summit-in-kampala
Https://twitter.com/Sudan_tweet/status/1746911580766302466
A city in the central Sudan, on the White Nile, opposite Khartoum, with which it forms the country's largest city; scene of the Battle of Omdurman (1898), in which the Mahdi's successor was defeated by Lord Kitchener's forces.
Saturday, January 13, 2024
https://www.monitor.co.ug/uganda/news/sudan-govt-rejects-east-african-mediation-move-4491202
Cause it doesn't matter to me now when it is signed, similar for me over at BOIL, have totally de-risked there too yet still holding a large lump.
Whether it's MM's playing the game or MS with delays and excuses it don't matter no more :-)))
ATB
RATR -
Didn't know that was you but fair enough lol
Yes the MM's, little tinkers aren't they ..
This will do what it does now, the real focus should be on the man who said it will happen and when, that's where my wavering concerns lay atm !!
ATB
Janiax -
I de-risked 50% of my holding yesterday going with my gut instinct that IF no agreement is signed soon perhaps more ppl will become impatient and slice any profits they still have.
I am practically on a free ride with my remaining 5 million shares :-)))
Do I think the signing will happen this week - NO
Do I think the signing will happen before month end - 50/50
Do I think it will happen at some point in February - Hopeful !
ATB
This deal should lead directly to wildcat becoming a producing/profitable oil company in 2024.
First oil production could be achieved as early as the first quarter of 2024.
As a clear signal of faith that the company is back on track the chairman purchased 26.3 million shares in the company
https://www.petroleumafrica.com/wildcat-petroleum-operational-update/
FUNDRAISE
The Company raised £450,000 (gross) under difficult market conditions.
Funds raised are sufficient to see the Company through the next 12 months(+), as well as covering the cost of signing the oil developmental deal.
The placing was heavily oversubscribed (large demand) and investors had to be scaled back.
BAMBOO OILFIELD
One of the major producing oil field in Sudan.
Contains 506 MILLION BARRELS (STOIIP).
The field is to be renamed the WILDCAT FIELD.
Earmarked by Sudanese Ministry of Energy & Oil for development by Wildcat.
OFFICE
Temporary Representative office has been opened in the South Sudanese capital, Juba.
Provides alternative access to the Bamboo oil field through South Sudan.
Tick tock, tick tock Mr. Chairman !! :-)))))))