I think with the ftse up I think k its tracking, but I do feel from this level there is every chance that we enter the month of Feb in the 70’s. Prob see the low in March and then April to buy to benefit with upward movement
Consolidation complete, so now a move back up and an attempt to break 8.99p. Gap was filled yesterday PM now to fill the gap higher which currently is between 10.4 and 17.5 ish
It should at the very least fill the gaps in the teens, but it’s a fairly well known point that the acreage is known to have oil. It’s a good risk reward play
Just seen they closed out below notifiable, should see this now make a move back into double digits. The chartists will know that this is looking very good now for a gap fill back to circa 16p