Well Paul, is it today?27 May 2020 07:13
Morning all, here we are again, waiting for the red dot.
Bleary-eyed from another crap night's sleep - frankly it is ridiculous at my age.
I don't know why I am getting so excited about this, apart from the fact that this share has the potential to eclipse Dana as my all time best ever investment. Dana will take a bit of beating, I bought in at 11 pence, (there was a consolidation of 13 for 1) and it was bought out by KNOC at £18 per share. That was a hostile takeover and the Koreans got their cash back after two years, because the greedy short term shareholders wanted the cash, let's hope that doesn't happen this time.
OK,
We are now confident that we will have in excess of 10,000 barrels per day, although most of it will be gas.
If Chinook comes in at its anticipated level that may increase to 40,000 barrels per day.
It is extraordinary that this little AIM listed minnow has the potential, single-handedly, to boost the Natural Gas reserves of T&T substantially.
What it does tell me is that the potential here is truly massive, and that the only reason that our SP isn't climbing the walls is the persistent selling by North.
What it also tells me, is that when they have run out of shares, our growth should be spooktacular.
On a positive note for new investors, you are getting in at an artificially low price, the same price as the recent placing, and the upside potential here is better than any other oily that I know of.
We are rapidly becoming a takeover target, and whilst I would prefer for the company to be given the chance to reach its potential, every success with the drill bit is a quantum leap in a potential buy out price.
Good luck today, time for another coffee.
Sign In
Follow the stocks
