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I’m not convinced the drill rig is ours next ,I am convinced trp are a fantastic investment in the short and long term.
Once we get the drill going it has to be multiples of here ,on success it’ll be many multiples.
Then we have our potentially huge assets just waiting to be shared
Whilst focus is understandably intense in the Orange Basin - especially in the region of the discoveries - Global's view is that oil-prone opportunities there are both limited and likely to be very expensive.
What’s With these latest large buys , a quick offload is only explanation ?
Mostly very small trades
Just a small bounce my guess .
You only lose if you sell at a loss .
No point selling now imo . The time to sell was when iamrich was saying buy buy buy in 90s .
If you believe in this it could be argued now is a good time to buy and get 3 times as many shares .
If you believe.
Another rns on the way ?
Confirmation of 100m/year in that interview and lots more prospects to be drilled locally some from same location
A huge amount more than current mcap.
Someone correct me but I think I remember someone calculated £100m plus / year on this drill which has 80% chance ( any corrections welcome)
SA and Namibia are actually the real huge winners to come though ….take your guess on value.
I have always said this is a hold through 3p for me at least
Long lead items ordered and paid for .
7m mcap haha
Three outcomes here ….
Nothing happens and by autumn this is in 20s , I know that sounds impossible but I’ve seen it many times with placings and no news drift
There is a twitter unsubstantiated ramp and it goes back to 50/60s
There is substantial news and it sp goes to multiples
Take your pick
Typical aim oiler ( soon to be oiler)
These type rns are usually pre placing ones.
Before this rns I was doubtful there would be a placing . Not doubtful now.
Placing financials are key to any price reaction though.
If you believe in gbp there will be a very encouraging entry price in a few weeks time
Looks like they’re trying to be optimistic but are stressing patience needed.
So basically no offers yet and could be a while . Doubts on Italy too.
This will continue drifting into 30s now , no point in holding this at moment.
I don’t agree this will fail . Just not going to be a near term winner