Are already talking about the assets they are after in the 30th licencing round as though they have already got them ?
www.i3.energy/wp-content/uploads/2017/03/20171108-i3-Corporate-Presentation.pdf
Nai/DYOR
Erm, yes it does !!
www.share.com/find-investments/advanced-finder/company-overview/jersey-oil-and-gas/financials/brokers/15436/
They used to have targets of less than 30p and now the sp is 190p.
Nai/DYOR
Not much volume today so hopefully the traders will be gone.
News anyday on the assays that were due in Jan I'd have thought surely.
Good job my CLNR are hotting up now as otherwise a boring day.
Nai/DYOR
Page 14 and 17
www.cluffnaturalresources.com/wp-content/uploads/2017/04/CNR-Corporate-Presentation-April-2017.pdf
RISKED !!! Not UN-RISKED EMV = 47p per share !!
Why is 60p such a silly target ?
I bet JOG shoulders thought 400p was a silly target when they were under 10p.
Nai/DYOR
And these will do what JOG did.
What was the low point for JOG anyone ? Looks like around 5-10p and it's currently 190p being as high as 300p.
That's a 60 x bagger from low to high.
CLNR would be about 60p in comparison on a farm out.
Worth noting that one of the benefits that was being sounded about JOG (formerly TRAP) 2"was the accumulated losses on the balance sheet that can be used in the future to offset against tax.
CLNR currently has around £10m in accumulated losses on their balance sheet.
Nai/DYOR
Looks like the 10k sell was in fact a mm sell to try and get some sellers imo as MMS need stock.
Why would someone sell 10k at 1.7p when they are bidding 1.82p for 300k ???
Games up MMS !
Nai/DYOR
The market makers are bidding big for stock.
You can sell at least 500k in one go at the moment.
Well overdue a bounce here as they were 3p not so long ago. I believe there was a seller that brought it down but they are well gone now as been no late reported or big sells for at least two weeks now.
News soon and farmout has to be soon to meet the May 18 deadline.
Exciting times ahead.
Nai/DYOR