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Nice to see
There is rig gossip (see Bore rigs)and assumptions being made slot booked so loan etc must be sorted
That’s the end of my predictions all the way down from .9 p.
0.25 finally hit and that was quite obvious all along .
Bit more tricky to say where this goes now . At some point it will be too good value to not be tempted to gamble .
To all the doubters who ridiculed me when I said it would go sub .70s , then .50s .
Then .40 and under I was told was impossible,the same with .30
You can now sell for .28.
You can also buy for a third of the cost rampers would have had you pay .
3x as many shares as you could in .90s ….starting to look attractive gamble soon . Just a gamble as this could go either way .
Don’t agree about not holding too long . This has got massive upside potential over this year plus . Get this appraisal drilled successfully mcap 50m , jv on our two other main prospects with the potential they have which far exceeds Cameroon and mcap less than 100m a distant memory.
This really could be huge .
Cameroon is not just the target reservoir, watch the videos, they intend to go for other prospects too.
Namibia is the one that could take this to a different place even after Cameroon makes us as a company
Nice mood change
Sadly this board is full of clowns claiming they know this and that .
Many still believe all they read .
Read rns releases . Look at website. Ignore forums .
Join private groups with knowledgeable posters if you need to chat .
A lot got spiked at 1p due to the ramps here .
I don’t feel they are getting near farms yet .
Just look at trp to get an idea of how difficult it is to get funding .
Just watch the volume and the trades to get a sense of timings to buy .
No doubt we will be in 20s at some point . But the rampers ridiculed me when I said it would drop to .7 then .5 , no way would it hit .4 they said , never going to .3 they insisted.
Make wise choices
I said larger not large
Any more to follow?
We don’t normally get ramped there
I have no evidence but from that video I get the impression it is all hope and they are not even in discussions with anyone.
Hope is obviously well founded given the surroundings.
I have seen all this waffle many times before in other aim oilers .
This has potential no doubt but it doesn’t look imminent.
Majors like to see minnows prove up first
Some watchable bits in that 10 mins .
My take is … they are optimistic but farm out is not guaranteed and obviously not happening in next week as promised by our resident ramper .
From 9mins is a good summary.
I was a bit concerned that he thought a company would jump in and drill without seismic!
Italy seems a long haul but possibly worth the wait .
So nothing new but at this mcap and probably lower in coming weeks this could be a good investment for the bottom drawer
Spring next year