RE: On a positive note ............11 Jun 2023 23:40
Evening Peeps........!
hey Gary, given your c.6p BE, here's my outlook.......!
no Equity Raise imminent .........! :)
Q2 to show a c.50% increase in production.........! :)
HIstorically........ shares sacrifice scheme cancelled.......? :()
along wiv back to back success, that's x2 proj"learning" drilling techniques.........! :)
x3 fully funded wells this year............!
looking to buy a Rig, we do have the A-80 mind, for the DEEPS........!
"Personally I would be chuffed to bits to have a decent SP - Lets not get ahead of ourselves here - the SP has risen about 0.15p to put this in perspective - another 350% increase in the SP and I will reach my breakeven point"
Lets say a 100% increase from here per x3 drills this year.........? accumulated....... :()
1.275p + 100% = 2.55p...
2.55p + 100% = 5.1p.........
5.1p + 100% = 10.2p...............!
Give room for some retrace in the SP....... :()
All the best (I reckon you'll make ya BE........! :)