Upside Outcomes1 May 2026 12:04
So, I'm sure for most people invested here, we simply need to understand when the likely announcements will be that give us the upside we are holding on for.
1 - SC-3 - We are likely to see some momentum and excitement build up toward mid-late June for the anticipation of SC-3 - I would imagine that during this time it is likely to see the SP move up to approx.. 4p-5p and hope that the outcome for the SC-3 is a positive one (successful SPUD)
2 - The release of the ITR and deal made for Morocco - Many of us assumed we would have known this information by now. However, with the latest RNS not disclosing enough meat to carry the momentum forward of recent weeks, its now unclear when we are eventually likely to see this information. As and when this information is released, i would again assume the SP will increase based on the amount of resources confirmed and partner involved, by how much i wouldn't like to guess?
The hype over the last couple of weeks about how we may have sold Morocco in its entirety no longer looks like it will happen, based on RNS, and now we must wait for some sort of clarification on what is actually going on.
Anyone would like to try and guess a timeframe for the ITR and deal for Morocco?
Between now and either of those 2 points coming to ahead, i doubt we will see much movement on the SP at all.
So at least we have some sort of idea of a guideline to move some investments around!