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https://investmentu.com/cheapest-stocks-with-potential/

Big volumes, many trades, looks like 40p around the corner..

The 10-bagger here is a valid option but it is possible if dilution will be minimum, for that to happen eco need to strike on gazania, if they will then they will 10 bag in 2023.

cec already mane its transaction to fund the next wells through private investment by elliot for 30% interest in the company followed by a pharm out to hess.
the next transaction wont be like jhi but the other way around, like eco..
that is the most anticipated catalyst for wte at the moment, could be a merge with mid atlantic or an entrence to the orange basin.

Only 20% of public shares and huge volume since the placing means the profit takers are out for new, according to the volumes might be ii's, investors with 30p avg.
With this kind of share float this could rocket so fast, exploration is always risky but a chance to 10 bag with the risk/reward must move the sp to the 60-70's by sep.

Im expecting 40p before the next transaction.

If this well was up and coming you were at 1p at the moment.

Both hype stocks so smart money buying cheap until it ignites a herd reaction and bb's theories then selling at 20%profit and moving to the next.

I just hope gazania will be commercial, eco will hit oil and multibag, im sure, but if it will make commercialdiscovery on the first 2-3 wells dilution will be minimum and a 10 bagger is on the cards..

was spud on the 25.1.22, permit was given until june but that is only if they hit something and need to run tests.
results should be known in the next few weeks, a hit should bode very well to the kaieteur jv.
cant wait for the mega structures that will be revealed in the new deeper kaieteur cpr though its at least 12-18 months away..
till then we might enjoy some multiples on our eco exposure and a cec consolidation deal, at this price wte is a steal.

i saw the article but didnt get over excited, its a 50-50 chance and no one knows if/what is under ground.
if they strike at 2b nothing will stop eco from realizing all its assets.

Uog is a company that is growing steadily with no sp movement then one day you wake up and see 6p.

Its a metter of weeks before official results with estimated volumes of recoverables boe from venus and graff will be released and all the majors will stand in line to check the data room.
Eco is already one step ahead in that regard and should seal the deal as fast as it can to secure another potencial 1b$ net asset.
So many things in the pipeline, once eco will hit oil all its assets will create value as funding will no longer be an issue.
Eco is still a risked explorer but once de risked by a discovery has a potential to rerate massively, 10 bagger easy..

upstream is just following the tables of the submitted plan, kaieteur will commence around q1 2024 and canje can start a 3 wells campaign q4 or next year.

From what i understand a lot more then what we are speculating about is going on in the back ground.
So far deals came with a dilution, this time the dilution came before the deals which will probably cash based deals.
Eco already holds so many transformational blocks, all it needs to become the fastest growing oiler in the world is 1 discovery.

Time to deliver a deal in the worlds hottest spot.

https://www.upstreamonline.com/exclusive/happy-days-shell-s-graff-discovery-in-namibia-holds-2-billion-boe-of-oil-and-gas-sources/2-1-1197669

Is off the table so all eyes on pel90.

Looks like kawa de risks beebei, though the liquids at kawa are equivocal, probably due to a stratigraphic trap failure, the santonians proved the presence of light oil as the higher cretacous layers.

I didnt consider kanuku because i know tlw declined the offer, perhaps time made them more flexible..
Could be very interesting!