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Well it could be that the buyer is not willing to pay higher price since we are at the warrant execution price now.
So could be large limit order in work and if people are willing to sell at this price why not?
We just need to wait first for the TR1 (as it was 5% of the company), to find out who's buying here.
As per ORPH it may be a possibility that we get one of the spin-off (first as subsidiary of ORPH) and then RTO in here.
A bit speculation on that move but possibility none the less.
QS
At 1p share price we are only 18.5 market cap.
So very much doable.
If we reach 1p and beyond the warrant will also be in the play and company will also hopefully make positive announcement in due course.
Looking very very rewarding here in short space of time.
You think MB has already planned the tentative details assuming EL will be granted.
So as he alluded in the interview I would think provided no major delay in EL, we may get some good progress this year before the winter sets in.
That combined with oil prices should give us a good footing to go into next year and use quiet winter period for planning further drill targets next year.
We need to start generating revenue soon and not to rely on expensive 10% interest rate funding.
https://youtu.be/8lbj0mw-w-E
LSE interview from MB.
https://twitter.com/Petro_Matad/status/1381503838264422403?s=19
May be he is still buying more, may be round figures to 15% first.