4 weeks ago Graham gave an interview on proactive. Why dont you give him a call.
You mention silence from the board - if he had something to report he would have. He states clearly in the interview well commitment by the 1st of Dec.
Just for the record , Ive tracked CLNR for several years , but if the well goes ahead in H2 2021 , my entry will have been perfect and ill add on weakness due to depressed oil prices.
At this level you are buying cash. The assets come free. Ive put 50k in here over the last few weeks and there also looks to be another buyer. 2 x offers refused. I can see a lot of shocked faces here. Risk / reward = buying here is a no brainer in my opinion.
Shell have spent 7m on 3 - D seismic on the two licences. Why would they walk away.
Hi Max Its long term yes but in the medium term the share price will rebound stronger and investors who are patient will know loose out here. Just the start of the journey.
We are still 3 x times greater than the Sept 4th placing.