RE: 400% club31 Oct 2025 10:08
It's never ever about sp, it is always about achievable MC , Market cap/value.
With shares already in issue of 31,280,000,000 , 50p would be an MC of £15.64 BILLION and a £1 a whopping £31.28 Billion
Mighty Major BP , for it's worldwide all up/down/mid stream operations, is only £67b
50P after a 100 or 1000-1 share consolidation maybe...........give your head a shake and use a calculator before fantasy predictions.
Achievable MC , divided by full share base = potential sp
Will serve you well..............GLA
Always about MC , never sp, that's for the next few hours , traders, skimmers and scalpers.........
Not a hope in hell, on small time Cameroon, Namibia comes good and a $1 billion company could beckon, GGP boasted to the world it had 18 Telfer lookalike's on its land, Telfer 17 million oz gold mine, the owners came for a look, confirmed the first one and it went to £1.25 Billion on the market.
One proven but 18 x 17 = 306 Million oz Gold potential.
A few years ago Shell bid for a market minnows 5tcf gas = 850-890m barrels of oil equivalent (standard conversion over the years 1 tcf = 170-178mboe) , it was bobbing alone 22-25p, they offered 85p a share, bidding war started won by the Thailand NOC, for $1.25 Billion / £950m
Cameroon around 40mbo small fry, with potential upside, multiple leads on license, perhaps 100-200mbo Eventually.
Near term this ever gets to 0.50p (£0.00.50) per share, without a share consolidation or South Africa/Namibia moving, will be the day........ 😲