focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
120s by end of the day?
I know some might think this is another false dawn. But i think the fact they are changing the law to beable to pay what is owned for the pipe line to be re opening is excellent.
IMO for those waiting for "concrete news" will have missed out on most of the rise.
Surly a good invester or trader needs to read between the lines. Take a position and wait. Say news end of Jan 2024... its only a month and for the rise of 50%+ for pipe line reopening. Its a no brainer.. And with this company having no debts. Covering running costs and infrastructure in place. Talks imminent. Again why wouldn't you buy?
No panic about no RNS. The talks are happening right now! By the time RNS is released it will be to late to get in! Common sense needed. To stick to a certain date and expect certain results isnt how life works :).
It wouldnt surprise me if they still creap the share price up in readyness for news which is inevitable! :)
I agree the price is still cheap considering. The fact of holding the meetings today and maybe tomorrow will result in a deal needed for both sides. I dont expect an RNS first thing. I agree it will more than likely come throughout the day.
Id definitely rather be in that out right now! It moves quickly so best to be postioned now!
Should be good this week.
Even if pipe line or payment not reached this week. (But i think it will. As Both sides losing alot of money!)
Still we are making a profit each month with no debt. What a great position to be in!
Share price still cheap and with immediate news due . Pipe line ready to open. Both sides sitting at the table to find a deal...it couldn't be better really.... just alittle patience.
I cant see conflict having much impact on opening the pipeline other than the fear factor and increasing the oil price. Which is good for us!