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Think more a 70 - 30 risk in favour of finding oil/gas/condensate
The surrounding areas are awash with oil and oil finds and where Djeno is, it already has proven to be full of oil/gas/condensate
MM playing with the price, to load up on stock, knowing that the success is in their favour and could see "100% plus returns
“POWERCHINA is delighted to be a partner with GCM to deliver an integrated mine and power plant for the people of Bangladesh
BIG NEWS, AND BACKED BY THE GOVERNMENT
fait au comply - in regard to getting the permits, expecting another RNS stating the permits are given shortly
Ding Zheng Guo has been working in the background for months on this and getting the permits approved
for us. Get the drill right, 20p will be a thing of the past
Transformational.....
NEXT WEEK !!!
nm
but lots to go for.
This could be massive, but a bit binary
were happy paying 17p based on the forthcoming drill
We now raised £5.5m and yes this has diluted the shares in issue to around 13p, today we sit 30% lower
At 10p this is a no brainer.
So much to look forward too, and many multiples from here
nm
This will be taken off the market and shareholders wiped out
The only ones to gain are the bondholders
There has been 6 months for offers to be made
Another Corporate shafting
£2m let along the brand and business
The slots have intrinsic value to the likes of Ryanair, Easyjet and IAG and probably a German carrier
Throw away the business, keep the slots, must have a value of a least 10 times current, return cash to SH
Or wipe SH and have a pay of the bondholders
You are incorrect
They forward sell the stock that they havent got at circa 16-18 and cover with the stock that they get in the placing
Easy really
The rumour here is that the FDA are going to give approval prior to the February timeline.
Market knows that there are no announcements coming within the next 2 trading days. Monday will be a different thing, !! drop the price, shake out loose shareholders, accumulate a lower levels and offload them to buyers at 12p - 15p next week and the week after
Simple
Taking this down to accumulate stock....
Amazing really
Found massive untappeded reserves being 44mtr pay zones, 5000-8000 BOPD and now a raise to fund everything of £5.5m
People what are you moaning at !!!
Once this has been monitised, the pay from the above will fund the future drills
Simple