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Yes :-) another nice development , when added to todays news i am feeling very bullish on Kefi now, when the dust settles Kefi will be valued around 3.6p to 4.2p on TK alone imvho . The market makers will be licking their lips on the money they will make off this share IMO

Todays news not been digested or seen widely yet,or reported in the news media, thus i expect a nice move into the close later and a bright open tomorrow. They cannot continue to value this at 20% of the project value for too long. Cheap shares will not be around too long.

Also as was mentioned earlier ,with the soaring Gold price the figures that were issued a while back are way out on the revenues and profits from this operation. The timing is perfect for this now :-) i would not be at all suprised to see this close over 1p today and then move to 1.3p + tomorrow.

Hoping to get some more into my SIPP as soon as possible :-)

The point is that KEFI value on this asset is now worth multiples of the current price, and now with the green light the market will have no option than to start adding value,the cheap shares will not be around long IMVHO

WOW it has finally happened ! Harry could not release this RNS without knowing the finance is in the bag, we might see this quickly climb to 2p and beyond now. Limited time to get the cheap shares IMVHO

Just noticed a 134k buy @ 11.32p early doors here today - director buy ??

These recent comments by Shafiq should be noted,even in a difficult enviroment i3e still managed to achieve record production of 20,711 boepd. In my view the huge discount to NAV is now a huge buying opportunity that rarely comes around these days and i think the SP will build steadily throughout rest of this year and into next.

"“We proceeded to focus on low-risk wells in our core production assets and appraisal wells in the Clearwater and are very pleased with the results, which were delivered on budget even in an inflationary cost environment.

“Despite these challenges and due to our ability to adapt our portfolio and investment and drilling strategy quickly, i3 achieved record annual average production of 20,711 boepd."

I3e has the potential to be one of the sector performers of 2024/25 ,the update due in just over a weeks time should be a very good read and put plenty of meat on the bones of what we already know.Fair value on this right now should be in the 15p to 18p ranges. Great buying opportunity at moment,and a decent candidate for SIPP investment.

My latest T/A on Baron Oil is lower support now moved up a tad to 0.0533p with upper resistance around 0.086p on this cycle. It will likely go lower before breaking out of the 0.07p ask for good. Great buying opportunity at 0.06p if presented.

Now that is something that catches my interest !

I am curious what this Bahrain connection could be,if Baron could land a wealthy backer on non-dilutive terms that would be a scoop of epic proportion here and instead a share of future production revenues being dangled :-)

Five, thanks for sharing the post,might be something might be nothing ,however if the Ceo has connections there that would make it a more reasonable assumption.There is obviously lots of cash around in that part of the world and the proposition at Baron Oil would likely attract someone in that postion.So potential for a new bullish development is there.

Baron Oil are now entering the most exciting period of its history,and now have a new CEO that is capable of turning their Blue Chip assets into reality,this was only only a pipe dream before under previous management.

All the ducks are starting to line up with some potential newsflow that will blow the socks off the current SP and market cap,this is now the perfect time to load some,top-up,or enter here for first time.We should start to rock and roll real soon .

Just been casting another eye in the Baron Oil order book,yet more signs of the cheaper supply of shares running low and real bid prices holding firm and advancing a tad.In charting terms this is incredibly close to either an "evening star" or "morning star" which is the holy grail for bullish buyers on smallcaps.

A very exciting period is looming here IMO

See the trade at 11.35am ,if that is the last of placing rump cleared the move to 0.08p maybe a swift one.

First time since the placing that the order book has eased and could now be poised to open up steadily, from the recent board changes to the latest technical data released i think it is now clear that Baron Oil is now under stewardship intent on bringing these blue chip assets to fruition.

The company is finally starting to get noticed by a wider audience and momentum is starting to build.

Have been diving deep into the nuts and bolts of the current situation over at RQIH ( R&Q Insurance ) and i think this could be a superb opportunity for LGEN to snap it up. It is likely that the core remaining assets will be worth north of 42p per share to RQIH holders after the pending Re-Jig and JV, so obviously a massive opportunity for LGEN to pounce on what could be some valuable assets on the very cheap . RQIH is currently valued at just 3p a share - so personally as a long time LGEN holder i think it would be a smart Aquisition for us .

Keep an eye on this situation as it could make for a sweet deal all round.

Toffers, i would say that if anyone here is holding stock at 25p or under when the RNS lands they will be happy,so for those who can now buy at 3p it will be like Mardi Gras in the share heavens :-)

Chart is suggesting a decent breakout is pending now.

Stargate, there are actually two other crucial indicators that are very bullish here at moment,yes RSi is a yard stick but only if aligned with other key metrics and indicators. IOF is in a great position for buyers at moment with IO#10 coming online in a few wees time and very high spot prices. Is poised for a nice move up.

Before end of 2024 i would be suprised if this is under 32p

Five, i would expect much new business in that area for sure,and with the higher steady spot prices and increases to come shortly from IO#10 and then IO#11 the figures will start to look very good indeed.Potential for maiden dividend here also in my view.Iofina will soon be entering their strongest ever period and it should be sustained from here,all the ducks lining up so to speak.That is why i am a buyer .

See my post at 08.26am here, we know there is an event pending.