Seemingly fuelling the world has become less of focus at least in the headlines but when domestic & commercial energy prices start to spike then action will be fast n furious in this sector. Clean & efficient.... Thorium will also ride that crest of a wave when it occurs
to cheap, I am in the 176.80+ camp . The govt situations in sth east asian countries is par for the course and will continue to be so. Fair value is under £2 so a logical dealing point would be around our 12mth high
Thai govt issues and our 12 month high dipped under £2 to £1.7 which is a marker for takeover bids, there is nothing sinister otherwise besides the obvious. If people are selling at these levels good luck with that
Extraction ?? Hello, have you not noted major producers leaving the product in the earth until the resource price starts to turn...
Y would a minnow produce at these levels. ?
This is money for jam. Offer will be 1.80p per share . It will get rejected then a £1.95 per share minimum will be shaken on, no dramas. That's the drill, Pile in!
Educated guess work based on previous co's and SMDR has a very savvy board who wouldnt be entertaining talks unless they were very confident a "decent" offer would materialise, not many young producers with acreage of this note in SE Asia. More to come
SMDR have always been talked ass a target and with multiple conditional offers onboard these approaches at current levels would only be made with intent to purchase.
There is already a 40p buffer for bad news since the info was leaked last month so I am happy to stay aboard. Set a sell order if your knees are shaking however this will happen by June.
That level should be 12p-15p. Large resource with minimal costs to extract will eventually attract a suitor. Their licenses alone are with 30-40million on results . Get in if your skirting tr sidelines
very true. there is leaks in every company bar none. If an authority was to seriously investigate every jump in SP or dip they would never see the light of day again.
Lets just enjoy the rise back toward £2
Typically when a share bounces 20% within days with a mcap this size and no dividend you will see near term profit takings. Subsequently the lemmings will start adding to their portfolio as the charts paint a rosey picture .
I was hoping with the impending trade embargo's on Russia that our african resource would be more appealing choice to speculate on a re-emerging fuel market, still very soft to trade
This week to get heavy in regards to trading. Loads of production to come in a relatively virgin area of the planet...Solid licenses.
As noted previously once 1.40 plateau is breached this could do a HOIL in a similar time frame