Prior to MOU-4 drill results…..18 Jul 2025 21:14
The SP was 6p, over the next few weeks the price rose to 20p, we are in a similar but better position, we are not drilling but testing a known high pressure gas field, in simple terms, we just need to break through the twin casing, with minimal damage and test, over probably 2-3 weeks to see detailed results.
There are more shares in issue but I can see the SP rising to 14-16p over the next few weeks, then the m/cap should be approx £94m, not too much of a stretch.
Any GSA announcement will only strengthen the SP.
GLA DYOR