Member Info for Phoebus

AEX buys going through at day high.

Bigdouble LOL.

Shorters should get annihilated here. This is real news that unlocks huge value. Also, intraday RNS have a habit of causing considerable rally follow through the following day as most people will not see the news until the evening. Expect SOLO will also RNS the news by tomorrow morning which will only fan the flames. This has been a long time coming. GLALTH

Just looking at my very old spreadsheet I have annualized revenue from Ntyora-1 and 2 at $96M gross $24M net to SOLO based on initial flow rates, $40 for condensate and $3.1 per thousand SCF. This is a huge asset for the market cap.

AEX up 181%, SOLO only 76% so far.

Left field RNS catching market totally off guard. No shares available. Illiquid share. Mega value unlocked by news. Perfect recipe for mega short squeeze and huge rerate. GLA

Given how long we've waited for this this and how much the market cap had declined in the interim, none of this asset will have been factored into the SP. This deal unlocks Ruvuma where SOLO has 31.8 MMBOE 2C at Ntorya and 39 MMBOE 2U at Chikumbi. Rerate from here should be massive. GLA

Very hard to buy wither stock at lower prices on that news. AEX up 106%. Fabulous news.

SOLO surging also. This is a massive deal for both. Well done done all. SPs should rerate.

No SOLO RNS yet. Should be later today or tomorrow morning. This is a huge deal.

Rerate incoming.

and is an exceptionally good buy at these levels. So why is it languishing at such low levels? Perhaps Bell End should focus on delivering value for shareholders and spend less time admiring his own brilliance garnishing RNS statements with infantile Latin BS. Come on Andy. Put down your copy of Catulus. It's time to deliver.

1M buy just popped up from 08:41.

This looks like it's about to run up and smash through 1p big time. Chart looks a peach and JV news is due by the end of next week. Plenty of other news flow on numerous other fronts also to look forward to. Can't quite believe how how many exciting projects we have on the go right now. This SP is going places. GLA

Some people clearly desperate to get in. Not surprised. GLA

HawkesBay, as I said EUA, SOLG and GGP are good on a fundamental basis, excellent if fact. However it's a fact that it will take many billions of pounds to see their market caps ten bag, but very few millions to see many micro caps do the same. Both are possible, but the liklihood is greater for quality micro cap stocks. Also, if you think I'm unaware EUA is not a gold stock it's not me that's a few drill holes short of a JORC report. As this is a written forum try not to over infer what's not there before hurling insults. ATB

If you need lots of comments to feel self assured I suggest you throw your hat in with the legions of EUA, SOLG and GGP fanbois. As good as those companies are on a fundamental basis it's highly likely their SP performance will be dwarfed by the best performing micro cap gold explorers over the next 24 months. Which stocks are the best candidates to eclipse them? Having looked at quite a few, OMI looks a strong contender. Traders will trade this, but as I like what I see and don't want to risk getting locked out, I'm not getting fancy and staying invested. GLA

12 comments is a lot more than most gold stocks have on most days and in any case the number of comments bears no relation to the quality of an investment.

SomersetUK, thanks for the info. Much appreciated. Your strategy of looking for low market cap explorers is the same as mine. As great as SOLG and GGP are they will have to blow the doors off to outperform successful micro caps going forward and I think that's highly unlikely.

I see that Artemis owns the land on three sides of Havieron, which makes it very attractive. Wishbone's Paterson tenements also appear to be particularly close to the action. One of them is only a few km SW of Telfer, whilst the other two appear to be directly on strike from Telfer and only a few km away in. This really does make for an explosive narrative to entice investors into the stock particuarly at the current tiny market cap. I can see WSBN doing exceedingly well from here if news flow is handled well. If only we had a PR genius like Lenigas involved ...

Touche Tymers. We all have different approaches that have brought us success. Traders may have their own approach to a stock like this, but mine says this is a company well worth investing in over the next 18 months and at £26M market cap seems a long way from any illusions of grandeur. ATB