as per last quarter we were holding 28mil cash and 2mil stock!! oil has climb more since and end of this quarter we will be holding 6-7mil extra cash!! we got to pay 16mil next year and will be receiving 11mil plus cash too!! now we have started drilling and increased production of 1000bopd already!!!(total 10000bopd plus!!) everything is pointing at multibagger here!! buy and hold is the key! good time ahead,dyor.
OTC has tisen 75% in last few sessions,from 0.08 to 0.14. LSE has risen around 35%,from 6.75 to 9.25. LSE need to catch up,because 0.14 on otc equates to 10.08 atleast!
Atleast 4bags from current levels if things are going in our favour! I am in one more oiler which I believe will do multibagger too! Both on the winning list currently.
That was so predictable,lol. I just said otc sp equates to 10.08p and mms will take this up suddenly,hahaha. And ask has climbed and someone already paid 10p!!!!
0.14 otc equates to 10.08p here. We know how mms will take this to that level even without low volume here. Expecting sudden jump in sp here anytime or gap up any day, only otc need to hold the gains.....
10000bopd brings revenue of 700k a day!!!! And 255million a year revenue!!! Imo PROFIT FOR THE YEAR WILL BE DOUBLE THAT OUR CURRENT MCAP HERE!!!!!(mcap is 35mil now)
Jonesrichard, Hope it is true,if not there might be a massive buy order placed!!?? CA will try to grab some more shares too in order to block the resolutions.....
Hahaha. Some people want to get rich instantly. OTC moved positive yesterday and if continues then we will also see quick moves around here. Currently many buyers taking positions and it will continue with pending news and positive direction in both exchanges. We have retraced from 38p which is another plus here that sp will have a good bounce anytime.
This will create more and more interest in coming days! 1000bopd from this will alone!! Some companies are valued more than us with production of just around 1000bopd, and our total production is 10000bopd now with this well!! People will realise soon and mms will take this much much higher imo. First resistance is at 39p and second resistance at 60p!!