Buying opp8 Mar 2018 10:18
Well if you factor in that instils and CEO are happy to buy this at 35p a share, I can only assume they see value at that price and we are trading at discount to their entry. This does opportunity not happen very often. A huge amount was raised too and that in itself is impressive.
Is it a dead cert, no, but the risk is minimised by the fact they are a professional outfit, not your usual aim barrel of... and have multiple opportunities lined up and hopefully it is a nice long-term prospect with an almost immediate chance of rising from this level. I will not talk about the drilling prospects because others who have alot more experience have outlined the potential in recent articles. But to me, this looks like one not to be missed. Don't put the house on it, but not having anything in it at this level seems daft.