Member Info for MisterPositive

Chart is looking good after a very healthy consolidation over past 2 months or so after the 5 million fund raise.

First target 0.20

No ramping here.
Just saying what the chart showing near term.

Stocks move ahead of news and on good news they would continue the Uptrend.

We got busy Q1 coming up with lot of catalysts.

3D seismic evaluation report due end of 2022 followed by CPR for Dunrobin.

Dunrobin Farm-in partner possibly Q1 / Q2.

ERCE's resource estimates for Chuditch
Chudith JV partner - both early 2023.

Momentum here is going to get stronger in coming days and weeks.

Momentum is getting strong each day.

Close at 0.15 or higher should take this to 0.22 near term before big news comes in.

Momentum getting stronger here. Could spike upwards without warning. Chart looking strong.

After having a solid consolidation for a month.

Close at or above 0.16 and its Game on...

Their net risked valuation is on conservative side. Always are. I would apply a 1.5 multiplier to 0.78 giving it more closer to 1.20p minimum at low end

Both Dunrobin and Chuditch would come alive in 2023.

These could very well be last of the cheap tickets left on SALE.

Sorry mate. I took 8 x from Brighty1 post earlier today. Have not read report yet. Will do later.

0.78 is pretty good. Still Multi-bagger valuation.
Would expect 0.78 to also be revised upwards.

I personally think it will re-test 0.36 that was hit in October this year once action starts here.

Exceptional 2023 lined up ahead with mega gains

Agree. Allenby Capital revised Upward valuation by 8 x times will look very conservative.

Opportunity not to be missed. Adding more today

Another crack at 0.16 coming after yesterday.

We have had solid consolidation around 0.15.

Re-rate is on. Long overdue i must say.

Agree 100% with the header.

Bagger minimum.

That is good news indeed but will have to wait till Q3 next year. Any update from ORR management on this subject will be welcome.

"The assets sale remain subject to regulatory approval with transactions expected to close early in Q3'23."

Will not be surprised if this runs up to 0.20 or higher this week with News incoming any day now

Its coming...Dec 22 / Jan 23 is all good.

Stocks move ahead of news without warning. This can get to 0.20 or higher in double quick time.
Excellent entry price today in my opinion.

"with r etention of 25% future back-in right based on future drilling / EOR activity and associated future production".

Removal of all liabilities
$3m staged cash consideration

Current MCap £8m is just silly.

Touched 0.36 in Oct. Can see this re-test that in coming days / weeks.

Dunrobin- 3D up next any day now.

$3m cash incoming.
$9m value proposition / settlement is lovely.

Was 0.68 in Jan 2022 ( -86% drop is overdone) imo

I am sure kutzz has averaged down quite a bit like many of us. So Q1 should give many some respite for holding over a year or so when it gets back to over 1p.

Dunrobin 3D expected any day. Should be solid.

This hit 0.36 just in Oct this year. Drop seems overdone in my opinion.

That is why i have penciled in 1.50p or higher in Q1 as JORC resource increases from Bakassi-1 and other 3 zones on same strike length.

They not even finished with Bakassi-1 as mineralisation is Open at depth and strike.
Think they only done 200 metres from surface so far. Dont know how deep it carrys on.