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Now that the seller is completely done.
We move up.
We could hit 10p by Friday.
Only few shares in issue and Mcap of about £11m. This has all the ingredients of a big rerate coming.
David Sefton has confirmed that he would update after each zone.
R1/R2 should be hit next week.
This is has an amazing 90% chance of success
I am expecting share price to hit 15p-16p on success at first zone.
Sentiments then will build up for second zone (Mengo) this also has fantastic odd, 60% chance of success.
Success on Mengo should bring sp to 20-22p range.
90% chance of success
Short is now closed.
Share price will now be able rise rise back up to 10p+
Drill bit is spinning and heading for first oil zone with a massive 90% nance of success.
Sp won’t be below 8p for long
That’s great, they are nearly done.
Sp will be free to move up.
Maybe this afternoon or tomorrow they will be completely done.
Back to 10p+ soon
Drilling has restarted and on its way to first oil zone with a 90% chance of success.
This is as good as it gets in oil & gas business.
Mcap is still tiny
Short will be closed and sp will rocket, plus on drilling restart RNS
PERFECT STORM.
Or get burnt next week.
Rig resumes drilling this weekend and all back on track.
10p+ coming
Should rise this afternoon as drilling should resume this weekend.
Back to 10p next week.
Smart money will be coming back in.
First zone (R1/R2) has a 90% chance of success which should take share price to 15p+ on success
Looks like parts has arrived and the rig company has completed repairs and currently testing the parts before drilling.
Also AAOG are being fully compensated by rig company for our costs.
https://twitter.com/jones1996a/status/1064811305339625473?s=21
Fjones40,
You are wrong mate.
We are just bout first target zone. R1/R2 and once drilling come ya gains then it should take 2/3 days to hit zone.
So expect share price to move up quick on rns of drilling back on track.
So if parts are are on route then it could arrive there on Tues/ Wed and be drilling again on Thursday?
Just seen this on Twitter.. saying this week.
https://twitter.com/jones1996a/status/1064624731163426824?s=21
Good point iceberg
But once drilling restarts then sp will move up quick.
So in my opinion this represents a great buying opportunity.
Sp could be at 12p before R1/R2 results.
Resumes again then we are looking to see sp back at 10p+ quick time.