Keep Calm - Remember 7th July 202330 May 2025 15:14
The SP then dangled around 5p, dropping from 7.3p at the beginning of that June! An RNS dropped on Friday 7th July about the failed attempt, in conjunction with Noble, to get a Rig from Sofori Drilling in Tunisia, and all the talk was of a sell off on the Monday morning in light of the lack of a plausible Drilling plan being delivered in that season!
Forward to Monday morning and another RNS arrives, stating that we had bought a Predator Rig lying in Kenya, and guess what, by the Friday (14th) the price had gone to nearly 10p
This coming Monday might produce similar with Colorado and the ML due to produce some more substantive news!
We shall find out soon enough, folks, and remember, "The Stock Market is a device for transferring money from the impatient to the patient" as WB said!