They will buy back shares....and probably pretty soon at these levels IMO. In answer to the shorting attack they stated they have free cash circa £400m. Makes perfect sense to take some volatility out of the SP and control the situation from there.
Only need to look at the director trades to see how undervalued this is. Any positive news and we,ll see multiples of todays price. Great opportunity at this price IMO
RE: Jubilee accelerate to this quarter12 Aug 2019 08:59
Very little work here needed to get this into full production. The only cap-ex requirement is an onsite crush to make the mined rock easier to receive at the other end. Low risk huge reward IMO.
Lets lay of CC...there are plenty of people around him who need to grow a pair and come forward...tomorrow will see all today's losses recouped and who knows we may even see an update on A8 that blows this out of the water...
Lets lay of CC...there are plenty of people around him who need to grow a pair and come forward...tomorrow will see all today's losses recouped and who knows we may even see an update on A8 that blows this out of the water...
Amazing really...we are going to have a deep flowing and international prices for oil on the mjf structure and the SP is down.....lots of opportunity here to make some serious money...