RE: 50 Million pounds market cap19 Aug 2020 14:21
The main rig could be arriving as soon as by the end of next week/first week of September.. The sp should hold fairly stable until then until the rig is spotted. I would then expect another climb, this time to the 0.35 area but, it could easily go much higher. IMHO.
The main rig will take a week or two for set up and then 6 to 10 weeks to complete it's task.. During this period I would expect the sp test new highs. If any updates are released along the way to confirm hydrocarbons to surface then the sp could go anywhere. My guess would be 1.2p and beyond.