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Yes, happy with that.
Considering that the recent dilution was intended for the Anchois well, if it's a duster I think the SP will drop like an inverted rocket. Perhaps down to 0.03 and stay there for a long tome until this Mauritania thing kicks off.
I received my allocation today. But my request to oversubscribe for additional rights was rejected. This most likely means the allocation offer was fully taken.
When the RNS to that affect is issued hopefully it’ll drive the SP higher.
Moon!
BBB
Instead of taking on mil in debt, perhaps they will enter in a JV for the extraction/distribution operation?
Yeah but HOW higher? This is what has us worried.
A bad result from the A2 appraisal drill would be feckin horrific giving the high COS. Let’s hope it does exactly what it says it does on the tin. No wishful thinking here, just a ‘results as expected’ RNS would be nice.
GLA
Ditto on low double digit SP after results are released (Jan 22)
After news of the next investment project is released, a wee bit of dilution and then, finally, reports of cash income from Buffalo well operations (to end of 2022) the SP should break +20.
After that who knows? Perhaps +30 heading into 23-24 when ADV becomes a multiple business operations Mcap company . . . it might even pay a dividend going into 2025.
GLA
Hi there fellow investors! Could one of yo be so kind to post the link to the Telegram char for Chariot please?
B
Maybe my investment decision is due to the fact that I'm a new investor with a BEP of 6.5.
Even if we don't get RNS on Monday night/Tuesday morning meaning the rig is delayed once again, who cares?
Yes I know, they said "expected within two weeks" But if this deadline is missed it doesn't mean that the whole concept is defunct. The drill will happen in due course. Just chillax!
@SF
BTW could you perhaps share with me the Telegram chat link please? I'm on their WSBN one as the board on ISE has gone to hell. I'm happy enough with the banter here on ADV; but it's always nice to be hooked into the Telegram chat too.
Cheers.
@SF
Absolutely, I wish everyone the best of luck.
Sitting on my 168k shares (I know that's peanuts to some of you lot! But it's big bananas to me) waiting for the show to begin.
I reckon the SP will reach 0.40 near term (3-6 months)
https://www.stena-drilling.com/our-fleet/stena-don/
They certainly wouldn't be deploying this formidable rig just for fun!
Could someone be so kind as to share the Telegram chat link with me please?
I’m going all in on this one. Not one of my shares will be sold until after results are announced. And at that I will be holding all my shares longer, right to production. This is a unique situation here. Remember that. And also remember, another project will be announced (very?) soon, meaning my share holding will not be solely dependent on the fruits of Buffalo.
GLA
Realist hypocrite here.
I do accept most of the climate change theory, in that we humans are largely to blame for climate change. But I know that until we create a real alternative to fossil fuels, the latter will be needed. So, I want to make money off its continued use.
Perhaps I may hit my TP @ 0.40 earlier than expected!
GLA