RE: GOLD24 Mar 2023 17:41
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@Horult.. Matd for comparison..
Thinking 88e has created 3 de-risk points
1. Mobilisation, where EOG price started its down trend
2. Spud, where many seem to start de-risking
3. BOP test, which is the start of drilling the targets..
88e, Price is back trading around placing, 0.55p
but
they have 5 targets, and a sixth possible, CoS 50-80%, formations appraisal rather exploration..
So odds on some positive news, so surprised to be below 0.6p...
Expecting Net Pay Zones to be announced, for each..
Gross will give doubt, ...
Matd have how many targets, and whats the CoS (20%)?
Placing was 3p ?
Still has the production well, but that did not stop the price falling to near a penny end of last year, Mmmmm ?
SYME, all time low
RNS, not good news,
Trade flow leaving, never knew how AZ convinced them into his fold, looks like there was a get out clause..