RE: Celcius Resources31 Jan 2023 18:41
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@KevR, just sit back, your profits are safe as cash, remember 12x 50%ers is x129, 55%er x192...
if 88e, multibags, and if you have £3k in there, say giving £9k, then the rest at 50%, your on track for £3/4m
Its hard waiting..
If that raise comes, maybe cheap entry, top up????
And they have a track record of drilling, its just a question of the herd lol
Boil, if the price is right, might get caught like I have with QFI, a slow creep down in price with no news
PRD, tricky at the moment,
Are they testing MOU-1, if they are and the result is not good, ?
Funding, must be skint, no shares left either..
Too many contradictions in that Sunday Roast..
He1, tricky too,
The hot phone, a buyers club, from DM, probably waffle...
2023 options, could be same as 2022 with Cluffs Predator , and even Exalos rig becoming available late year..
You have to ask why they took a mineral rig, when they needed an O&G rig..
But financed, anything could happen while waiting.
Also they want 275m shares for 2023, which could mean another raise, at 5p or lower again for £10m
Maybe to get a rig from Texas ????
They burnt through $9m since Dec 2021
So glass 1/2 full, more money for multi-drill phase 2,
1/2 empty, we are waiting on Exalo's rig, will be spending on Eysai and Balangida. and mojitos ;)
Maybe the Predator to drill the lake bed, Exalo the Karoo.. who knows, life style looks most promising..
QFI, heading for all time low,
almost 3p off the bottom on MSC news last year...