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We still own 10% in Namibia don't we?
https://www.reuters.com/business/energy/namibias-namcor-signs-deal-with-chevron-develop-offshore-block-2024-04-29/
There are Rampers on here. There is also a lot of research being done by a few notable nominals.
You say you need to wait for tangible news. If you have been around the AIM for more than a week or so, then you will know that when news drops, you will be too late. It remains a binary call.
GLA
Danno.
If the Government of BD are going to get 'onside', then they will ALL want to be 'inside' before this goes rocketing.
From the recent RNS, there is talk of Government involvement throughout the report. Without the Government, nothing happens.
My baptism of fire into these type of investments was with GKP back in about 2007 I think. I bought initally at 6p. It went as high as £4.50 something I think. It eventially got re-financed at .089p something, if I recall.
Why do I tell my little story?
Well, if look over at GKP, its still all happening, all theses years on, and the Government runs through the public company that is GKP like Blackpool through a stick of rock.
The ride with GCM, I believe will be similar. There will be mates rates placings in the early days. There will be things that happen that make no sense, the price will drop only to rocket the following day /week.
Expect the unexpected. Watch like a hawk, and look to learn along the way (if you are relatively new to this stuff.)
This board will be infected by all manor of conspirators along the way, and threats of legal action, and fist fights will ensue!
Finally, strap in and try to enjoy the ride.
GLA - something tells me that we are going to need it!
Danno.
Https://investingstrategy.co.uk/financial-news/is-the-small-cap-market-broken/