focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
Ddraig, get real. Nothing happening here until the next cash raise in early winter. The usual cycle. The SP will slowly decrease, but to lows as last year, I doubt it. Hibernation time, and awaken in the cold months and trade the hell out of this roulette company yet again. What a thoroughly good way to make money.
The real oil companies that actually drilled successfully and found oil to sell, would not have cared about extra costs. In fact, hardly an issue. But if you're a tiny company where pennies are tight, that's a totally different story..... and on to the next cycle and cash raise.
At present I do not own one share in this company. Made good money during the hiype and have dabbled a few times since. Now awaiting the inevitable slide under 1p. Will definitely buy after the next cash raise. Hope that clarifys things. Do not like my opinion? Fine by me. Maybe show a stronger back and debate. What are you scared of. Realism methinks.