RE: gold1 Nov 2022 19:29
My plan for this was just a couple of big gainers, but He1 back fired, with DM unable to pull off his bluffs, like mentioning the MOU in feb, then the Texan rig, and later the audit being 80% complete while they had a potential show stopper...
Pred, I assume PRD, I think that could be another EOG, because its a short drill, so I am expecting a rise then fall before spud. Also if it fails then all the MOU-1 are questionable..
Take a look at ECO's price movement, its a long drill, and soon speculation may moved to success as time gets longer, side-track on discovery, then testing...
https://g.co/finance/ECO:LON?window=6M
After a little weekend reading, I am thinking maybe DELT will follow ECO..maybe bounce 3- 3.5p, or 3.5 -4.0p.. Was out all yesterday, and hungover this morning, so missed the broker note induced rise...and the low 3s...
But Boil next year could repeat the rises seen lately, need to check out funding, and keep an eye on it..
But if funding means drilling, then it could rise rather than fall on dilution??
https://g.co/finance/DELT:LON?window=6M