RE: SP Predictions13 May 2024 18:42
At 7p we had a market cap of about £250million, we have more shares in issue now so 6p would be £250million. We also had 75% ownership, we now have 25% with a free carry, but we also have more gas in place. Also ch1 is an appraisal well which could be put into production quickly, depending on other factors, rather than a wildcat exploration drill with the euphoric rise and then massive sell offs associated.