Interesting18 Jan 2025 09:51
Price movement lately. A bit surprising if I’m honest. Moving on an asset whilst keeping royalties, seems like a good plan. Switching from a load of expense and red tape to working in a sovereign state inside the US. Great bit of business, we are now calling the shots? So I expect quick progress on these new sites. Presented by Tim rynott from four corners, a super well connected expert that I would imagine has a list of potential JV Suitors.
If vecta are an example of licence owners and contractors in the area, there is probably a demand for transparent leaseholders that actually want to drill. This will soon be a £10m/ £20m Mcap business. Pulsar, hex and he1 a prime example of what can be achieved.