Crystal Ball17 Aug 2019 20:03
I'll be surprised if we don't get an RNS this week stating terms and who's involved. I could be wrong but even if the RNS lands in Sept, so be it.
At a guess, as we get nearer to the RNS the 'punters/herd' will arrive for a quick buck and lift the price (yet mms trying to hold it back) slightly which will bode well for a possible lift at RNS.
Crap deal we gain 25% on a spike and back again to 1p then long term to reap any rewards.
Average deal we hit 2p then dip and settle at 1.8 after sellers then long term we reap any rewards.
Good deal we hit 2.5 and settle at 2p after sellers then long term blah blah.
I'm going for the good deal, due to the time this is taking and a possible a T1 are creating a complex deal due to the info they possess of the fields being a stonker and their crossing those T's to benefit themselves (which 88e will be rewarded also).
I think either way we'll get a spike which will dip, as alot want to bail out after past let downs.
I'm sitting tight and long term if need be, because if we have a T1 or even a T2 looking for the black stuff I reckon they'll find it for sure or why would they be talking to us and bunging a quick half a million our way?
This is my opinion and DYOR please.