Member Info for GoBIGorGoHome

Fantastic overview!! Hopefully a good entry point for everyone and can see some steady rises from here!!

So just a shade under 70m pounds, market cap at 78m currently, seems incredible value still. 8m for a company with lots of assets, a proven history of production and the ability to sell high value assets.

Bet you two are fun at parties! Thankfully his post had a little more substance than yours. I'm always appreciative of any technical input regardless if it might be stating the obvious.

It was a proposal before! Now its complete

If you are taking profits might be worth having a look at CASP - RNS released selling an asset for virtually the entire market cap, seem to have a lot going on lots of money (88m received through sale) and the directors own over half of the company!

Im doing the same. This looks like a fantastic opportunity in a stable company where money for the foreseeable is not required.

I get that but we see companies with little to no proof of concept, no owned machinery or staff and no money valued at 100m! This has cash and is all set up ready to go so should be 300m with this news should it not?

Must be a reason for this? I'm currently so confused! Feel like I should load up here but am I missing something? Help from those in the know please

Seems like we are all missing something! Surely a sale of 1 asset at above your full market cap this should be doing 200%+

Sorry did they just get their entire market cap in 1 sale? Am I missing something?

16m to the government covered by the new owner?

The balance of the Consideration, net of the outstanding Kazakh Government assessed historical costs relating to the MJF and South Yelemes structures at completion, which are currently approximately US$16 million and for which the liability to continue to pay will be assumed by Absolute Resources following Completion (as defined below), is to be paid as follows:

That looks like some really good news is this priced in already?

Looks like you might have been spot on wyndrum!

Much better to have consolidation at each level of the rise as it will build a stronger base if and when the good news starts coming through.

Looks that way, went for a little top up at 11.37 and now its jumped to 11.78

Someone buying consistent blocks of 25000 shares all morning!

I think if there was a delay they might have confirmed it already! Stated the end of June so could come Monday or Tuesday depending on when bits are signed. No drama as far as I'm concerned!!

He clearly means more contracts and the first payment as good news!! And yes .42 must be broken and 1p is where we want it to be at but small steps folks 10%+ per day will be great to start with!!

Hopefully we can break and hold .40 today and then see a nice steady daily rise until news!

Still need to see some signs of oil or gas being removed from the ground and sold! To many on the sideline have waited and waited for production so that is what will drive the price north!!