Member Info for KaseyKasem

That's the target that JA has set himself. Will he make it? I don't know, but one thing is for sure is that as the company's biggest shareholder with 14% he will be pulling out all of the stops to get there. Personally, I think it's incredible that with an mcap of only 5m he has managed to raise the 18m required to drill Cameroon (80% CCOS), which goes to show what directors can achieve when they have so much skin in the game.
So what can we expect in the next month? Final sign off of the loan and a drill date? That would take us beyond 0.36p
The share price dropped this morning as nervy investors saw the word 'placing' and panicked. However, this has bounced back over 10% since then.
When news dropped in late Sep, it wasn't until the following trading day that the market caught up and the SP rose 50%.
Could we see the same tomorrow?
Exciting times
GLALTH DYOR

Interesting article. Mongolia have recently opened their new airport in UB, with the aim of becoming an international hub. The loan on this needs repaying and this can only be achieved if Mongolia can become energy independent and thus a cheap refuelling stop. Along with the refinery, Mongolia has bet heavily on becoming an oil producer. It won't be long before this political pressure resolves the land access issue.