The MMs play on people's boredom thresholds and will drop the sp knowing full well that background buying will ultimately send the forward, seen it so many times.
Don't forget this on the main market. Lots to look forward to (the objective of achieving 300 bopd by the end of H1 2019) end of June so news could drop anytime. In bed with the state owned Oil company, they will have seen the plans and agreed to their involvement.
I agree timing is tricky, like I said I can't imagine Paul is happy with what's going on. Your mate might get a penny cheaper or a penny dearer only time will tell. I had to NT to get 100k thankfully the MM sold them any large amounts are controlled due to the lack of shares which I know you';e aware of.
Calling the bottom on any stock is very difficult, it wouldn't surprise me if PG is saying to the lenders stop the selling the prize is less than 4 weeks away. He's no doubt getting things moving quicker than we think to stop this drift. I remember saying his bank was desperate to lend him money but he declined it, no need because of the assets he has.
Sometimes risk reward turns in favour of reward and at this level it has. IMO
Mcap of £5.5M doesn't reflect the assets we've got even allowing for the stupid funding deal it's undervalued in my eyes. This was at 9p last year before the Moroccan deal just think it's bored traders and forced sellers.
If you’re not invested here why are you spouting off. You can’t see the wood for the trees this is going to be huge it’s in a market that’s getting enormous with revenues to match. They’re in the hit seat and everyone wants in.
A lots happened since then you’re just trying to scare people and know doubt get in cheaper. Big IIs accumulating here massive global market-see you at 50p very soon