Let's cross that bridge hey..? and then we see on my response, no need to deduce before hand!
I am frustrated like the next person, but i see the risk/reward here and therefore, i am positive and remaining patient...for now.
errrm...why a typo?
Previously it would have been June and now it's July, as the Visa's weren't in place.
I did say i expect mid June for the visa's to come and finally we can get the ball moving here...
5th June is just around the corner, do should find out soon.
Yes, it take time to churn over the overhang, but licence news and solid spud date should assist with new positions taking place.
Expect spud in August, so still can make decent return if one willing to hold for say 3 months or so..
I know it's frustrating waiting but been holding since Sept, as i genuinely believe the risk/reward here is too big to ignore.
Knowing that Mike has invested his own funds here, does speak volume, esp when another share of mine AST, the CEO brought only �5k worth. Let's not begin with Char or AAOG for example.
Nice summary.
We just need the next RNS and then it should start to re rate accordingly...expecting that within next fortnight.
Only another one trading left this month and June, will be hopefully the month where we can say goodbye to low teens :)
Happily waiting...
They have clearly told us, that the notice has been issued and site prep is underway....
Yes, agree communication needs to be better but they have said, what needs to be said for now and they are waiting for visa news, once they know, we will know...
Agree MP,
From the last RNS:
'Notice to mobilise the rig has been issued and site preparation is underway'
Added to my SIPP further today, so all good. Just requires patience, which luckily i have,,,
Hopefully, sooner the better but I have told myself it should be with us by mid June, approx a month or so from last Rns.
Another 3 trading days left this month, so all good..