Adrian Hargrave, CEO of SEEEN, explains how the new funds will accelerate customer growth Watch the video here.
What makes you think we are so far down Calao-1 already? Indico took about 40days to drill and 20 to test...
If I’ve missed some info or an interview that gives some insight into how long this will take let me know, The sooner the better, I want to see that Ocean of oil!
But i would be surprised if it’s drilled that quick
Yeah, and obviously the common sentiment is similar to my own as the SP has been walked down considerably. I think when news does come it will be a huge boost, multi bagger.
But, I am concerned about the timeframe, surely if things went positive they’d be keen to nail down a further agreement immediately. There doesn’t seem to be any urgency.
I’m sorry but I think this is all a bit vague. I was hoping for some sort of positive confirmation with the testing.
All we’ve been told is that the testing completed. Perhaps when the next RNS is released the doubts will be quashed and we will see a deal, if so I agree there will be a major rerate. In the interim I think this will drift down sub 2p again.
I’m with Babbler on this one...
Whoever we are supplying, they want to take samples from across license holdings to ensure that everything we’ve got is consistent in quality. Otherwise what’s to say we aren’t giving them our best stuff now only for them to see the standard of ore go down when we supply from other holdings.
The check now is to make sure we have the quality we’ve boasted.
The second step, the 12 month testing is to ensure consistency.
Then will come the big long term deal. Although, undoubtedly more will become interested when positive results are announced
I think a lot of investors will hang back and wait until we have further verified the find in CPO-5, Calao-1 is going to kick this into overdrive!
That’s is, if we don’t get news of a second rig in the interim, that could really get things going up
Chartist, you’re generalised predictions are about as much use as an ashtray on a motorbike!
Saying something will likely go up in price if it goes up in price is PAINFULLY obvious, people are well aware, can you try adding value instead of cluttering this board with pointless guesstimating with no reference to actual company fundamentals.
I would have to agree it does seem a bit pointless... saying something is gonna go lower if it hits a certain price or go higher f it hits a certain price is just plucking numbers out of the air. Nobody really knows what the stock will do, the best that you can hope for is that strong fundamentals will attract investment and overtime there will be increase in price.
Good news = generally price goes up (nobody ever knows by how much)
Bad news = price goes down (nobody knows by how much)
No news = more often than not a slow steady decline (nobody knows how much)
Obvious basic things that everyone knows, I would agree that this board would be better populated with articles and info about the company rather than a constant update of the SP
If you’ve got good rationale I’d be interested in hearing it, I’m also a Bush holder and do find your posts quite insightful normally.
For me I think this is a very undervalued stock atm, i don’t believe it’s completed the 10,000t and it may have a way to go but positive test results will give the boost needed and attract investment to grow at an accelerated rate.