Upcoming drills27 Feb 2024 16:33
I read up on companies then forget so what ive done is written down all the spuds this year and comments.
Can anyone else name any others?
In the interim Char and Zepr look the best to invest in.
Zepr
Unknown drill date expected late Q1 or Q2 (looking at dates more likely to e Q2 now)
Biggest hurdle is that the insurance is due to cover most of the redrill but still not confirmed they will pay for it so could result in a fund raise….
End of quarter update on production due end of FE, expect ad news as told in last RNS the cold impacted the operations. Quite often the RNS drops on bad news but recovers so potential for a day trade here!!!
CHAR
Q1 (ish) they have started the civils on site and the SP seems to be rock bottom so no spike yet. This multi bagged when they had a confirmed discovery before.
Posted on the bb apparently a distressed seller in back ground which is holding the price down
Tower
Spud June-August looking for a JV to cover the costs. SP is currently very low so when JV is signed will see the SP fly.
Boil
Spud Q4 recently did a raise and Farm out is complete so its just a case now of waiting for q4. Oil like to spike so could see the odd spike along the way.