Member Info for ivans

this was near 9p not so long ago. once traders are gone with their 10% profit, sp should continue rising!

i feel that we have seen the bottom, time for rising north

positive after the AGM. delay maybe, but this is going to rerate big time very soon.

anybody wants to add while sp still 0.9p, this week is the time

i am in

looks like EOG will start rising soon. our mcap only 5m and very cheap. Wressle will bring in 200bopd , ie double our current revenue. should be at least 10m mcap for starter !!

what sp to buy back in? 0.1p or now?

hopefully 0.15p would be the bottom. next news anotheer 3 mths for next update??

We all know it was impacted by covid. even then, not that bad.

I am buying . Panic seller will be buying back in!

once the deal is announced, will one will multibag? TOM or QFI ?
was thinking TOM as placing is done and low mcap. while QFI still have CLN to be converted which will put damper to any significant rise.

though, once CLN is done, QFI will rise even faster.
any thought?

added some more. this wont stay at 2m mcap for long. happy to buy and wait

been watching for while. so bought in today. may buy more tomorrow/

our sp still not far off from the recent placing price. i feel that placees churning will finish soon. and good news will start coming in next week. should be at least a bag or two from current sp !

does anyone noticed BPC mcap more than 60m. why nobody complaining?

DELT less aggressive than RBD, even if thats means for them to do nothing (while earning salary) and just wait for next year when shell doing some work on their field

RBD BOD is aggressive, though i would rather they just focus on existing projects

copied from twitter (ie if DELT has all info on WN , that would be corporate espionage, right?)

https://twitter.com/geo_meda/status/1283679271064670208

RBD has detailed knowledge but not complete knowledge about #DELT portfolio and hence the low ball offer,and equally DELT has detailed knowledge but not complete knowledge about RBD portfolio and hence their statement. anyway,chance to buy on the dip for #UJO #RBD before WN news!

copied from twitter (ie if DELT has all info on WN , that would be corporate espionage, right?)

https://twitter.com/geo_meda/status/1283679271064670208

RBD has detailed knowledge but not complete knowledge about #DELT portfolio and hence the low ball offer,and equally DELT has detailed knowledge but not complete knowledge about RBD portfolio and hence their statement. anyway,chance to buy on the dip for #UJO #RBD before WN news!

got some more. ticking back up//

WN activities from next week!

RBD implies DELT porftolio is not that good, hence low offer, thats why DELT is ****ed off and said our portfolio is also rubbish.

after all, DELT prefer very safe asset in proven field (less reward) and happy to wait for years without any progress as they can continue getting their remuneration, while RBD is more aggressive to expand their portfolio incl the so called risky WN. risky because its not in any existing producing field (we know that already!)

RBD implies DELT porftolio is not that good, hence low offer, thats why DELT is ****ed off and said our portfolio is also rubbish.

after all, DELT prefer very safe asset in proven field (less reward) and happy to wait for years without any progress as they can continue getting their remuneration, while RBD is more aggressive to expand their portfolio incl the so called risky WN. risky because its not in any existing producing field (we know that already!)

a reminder by the broker notes recently:

Pre-start of production, market analyst Turner Pope had a price target of 1.07p

Research note Downwards arrow

https://wresources.com/wp-content/uploads/20191608-WRES-TPI-Note.pdf

i know many are frustrated. but, hey, we all been waiting for so many years, few more weeks is still worth waiting. and we do know both parties are very committed. slow in tanzania partly due to covid and partly due to their nature!

anyway, i may add some more sub 1p. as once we get the approval, everything will start moving swiftly again!