Member Info for Mikey279

Yup gonna be one of those shares that sit quiet for several years and then suddenly make a big move and never look back due to the size of asset we have, a once every 10 year opportunity

All IMO

Efforts on the gas marketing side are in support of ongoing discussions around the farm-out of Project III, which would see initial production of 20 MMCF/d (c. 3,300 boepd) following completion of the appraisal programme, with planned ramp up (in the 2C case) to 200 MMCF/d (c. 33,000 boepd).

Project III is a strategic gas appraisal project, located approximately 15km from the Southern Caucuses Gas Pipeline ("SCP"), a major component of the Southern Gas Corridor, which sees natural gas delivered primarily from Azerbaijan to Turkey and EU markets.

The 2024 Independent Engineering Report ascribed 1,074 BCF 2C contingent resources and an NPV10 of USD 501 MM (OPC, 2024) to the Patardzueli-Samgori field. Project III also contains an additional two fields (Rustavi and Teleti), both with proven gas, and a low-risk exploration prospect, the South Dome field.

The Company continues to receive strong support from the Georgian government for its planned farm-out of Project III, reflecting the project's strategic alignment with Georgia's objective to expand domestic gas production and strengthen its role within the regional energy corridor

Now tell me this isn’t unicorn potential not to even mention ccs and only one fundraise in 6 years

All IMO

Not sure why folks are panicking, its literally 5m mcap and probably the biggest derisking event since jade, should be around £20m+ as it stands

all IMO

Historically estimates around £40-£50m if you were here after jade duster, but Conrad overhang always pinned it down

All IMO

Goes much higher than .15 I think MMs look well short, and that was with the Conrad overhang

Now it’s a free ride for dirt cheap

All IMO

What a turn around of events, was always wor th .5-.7p but had the cash call overhang

All IMO

Good news must be £200m mcap in bound ;)

Well done all it’s been a long ride, time to enjoy

Mcap is rather silly compared to peers

Could easily 5-10x here

All IMO

They’re still a 100% higher than the sp 2 weeks ago and pretty much at closing bid so not unreasonable at all for an extension

All IMO

Great news… back into hiding for the naysayers worried about the loan

Profit basically mcap currently if adding the 2.6m

All IMO

Quite silly, should be 30m mcap at least based on those numbers guess market isn’t aware

Yup its around 2p then 4.6p and then all time highs thereafter

All IMO

At a guess current producer + P4 farm out = 5-10p, additional 10p+ for p3 and 10p+++ (blue sky) for CCS

Incredible assets and risk reward

All IMO

Probably the minute traders who have all disappeared, quiet re-rates are better anyway

All IMO

Penny stock to big player story unfolding right in front of our eyes,

Genuinely can see £200m+ mcap this year

All IMO

Yup suspect ATH will be breached when P3 farmout lands

All IMO

50m doesnt even come close to what we have here, its not even 5% of the npv 10....see how high PANR hit

and thats without the crown jewel CCS

All IMO

Think we need to be in double digits to be anywhere near fair value

Market is completely asleep here

All IMO

NT to buy now, like I said should already be £50m mcap minimum

P3 farm out should easily launch to £200m+

And then the small matter of CCS

Cheapest share with enormous assets in the entire LSE

All IMO