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Ajax - agreed.

I believe our first target should be to close the gap to around 228p and then 250p as the next target. Breaks this and then 328 would be my next short term target.

It was quite clear today as to when the institutional selling stopped as I believe it coincided with todays rise.

If it hadn’t been for this institutional selling the share price would be significantly higher but a steady rise is considerably more stable for the future support of the stock.

Expecting another good day tomorrow, we are getting closer to the next big news of which their will be plenty.

Looking at the intraday chart this week it’s very bullish!

My mind has been occupied elsewhere with another stock but over 50% of my portfolio is still here and I remain as confident as I was when I first invested!

Does anyone know what the target depth is for this first drill? I assume 5250 meters odd?

Ajax - that’s brilliant news, I love it when those that try to better their lives through the stress of investing are rewarded, its not an easy game and their are a lot of clowns around! Well done.

I believe peak flow rates were 35k ranging as low as 12k but with investment in new wells and technological advancements this naturally fractured prospect could flow towards the high end again, IMO!

Breakout of what looks like a bullish flag could see this 300p today, min 250 imo!

Ajax - exactly my thoughts. Sometimes people need to think more about the fundamentals and not write something off just because it’s increased by such a margin.

I see this going to 300/400p well before year end given current market cap. 300p is easily achievable by the end of the week if the market continues to wake up imo.

Breaking out for next leg to 250/300

Who would like to £800m in ground valuation for £18m after cash! Lol! Joke!

Fundamentals will play out

Talking development costs and risk. To make the calcs easy an in ground valuation of $7 as per RRE would value the recoverable resources at $700m.

You then have to take into consideration the perspective resources and even at a $1 in ground valuation that would attribute a further $300m.

So we have a $1billion valuation with development costs likely to be smaller in relation to an alternative comparison in HUR. They have already confirmed that significant infrastructure remains and the data from the 1980’s provides JOG with a good understanding of the geology, unlike HUR.

So with a market cap if £36m odd is laughable if that’s how you value risk!

Just done a dummy sell for 21,000 shares, they will snap your hand off for them down here!

No chance

Can’t believe they haven’t put more meat on the bone and done an interview for the shareholders.

And just like that you can read this like a book. Number of posts on here are down considerably. Some would of moved on to chase RRE as per their BB. Bigger upside here though.

I think this finished towards 210 today

Looks like the pump and dumpers are nearly gone and those that sore the RNS for what is was, as an investment, remain. Once the dump finishes it will move back up very quickly just like yesterday.

I think SLN are a good example of what happens to a stock following a significant spike. I can see resemblances.

If that’s not a bullish reversal then I don’t know what is!

Would due diligence take place prior to the application with Equinor. What’s to say the three months will be needed!

The volume and churn of stock is definitely a massive positive and leaves us in a position whereby those that have now taken profit to invest elsewhere have indirectly assisted with the next leg up imo. With a small share register it doesn’t take much for the churn to take place.

I am shocked that the company have yet to do a podcast or interview of some description, it makes me think that we have more news to come!

Its hard not to buy more when the director buys that many at that price! 200p + close imo

Up 5.4% and will quickly move towards 250/300p today imo.

A few deluded people here who have missed the boat! Thing is I enjoy others success, shame thing can’t be said for some!

Bottom line, **** em!