Lack of Shares4 Jun 2025 09:33
Think that was a push up to get a few shares.
Said before only 193 million in public hands.
50K worth at 10p is 500K shares.
If you wanted that many only 394 people could.
Once news arrives on drill this will zoom up.
Like the piece on 19th May (I believe) about Totalenergies wanting to drill in 2026 and South Africa making it easy for drilling investement.
This is the only definite we have, waiting on approvals, as I said if the approvals are the issue then Qatar Energy and Totalenergies would not have invested in blocks 3b/4b.
Still hope this stays put, need 200K more and then am done.
What price pre-drill, the expectation of success. Sell out your stake and let the remainder roll.
A successful drill with a discovery of 600 million barrels will give company 33 million barrels even at $10 a barrel that is multiples of share price now.
We can all see where this is going and when we see drill date then I think the boat as been missed cos it will rocket.
Anywhere else, farm ins etc is a bonus.
Though donβt buy on my say so, you have all the information at your fingertips.
A good time to be in this stock at this price.