If Carlesberg did26 Nov 2018 15:39
Director buys then we have just seen JW leading the way. M as riposa is still on test and probably not flowing near capacity giving SP strengthing when they decide to. That IMO will only happen when indico I has been drilled and tested to see if indico affects Mariposa being interconnected. If they hit a completely new oil structure this Share will go stratospheric very quickly. Nothing is priced in for indico so expecting some upward sp trajectory if we get 500bopd or more for our third share equivalent. For those that doubted the monthly production RNS wisdom it has indeed focused the minds on these last two terrific deals and I do not believe that we have heard the last as I feel more deals in the pipeline. I always predicted 20p by Christmas some 6 months back and feel that is a distinct possibility. Another RNS confirming seismics viewed and when first well will be due to spud with our new partner will be great. Again I think the board where seemingly inactive for several reasons and they have been busy making CARLSBERG DEALS. The savy investors will hold for big gains here and keep demand high by holding. This is now only going one way IMO and we can help it by holding the shares and letting the BOD now make 2019 a year we can all be proud of as the SP goes from strength to strength and with a good wind and some astute seismic reading and multi drill bits turning....maybe 40 -50p is not unrealistic. I believe and hope we see a different and certainly more aggressive and timely drilling campaign which I believe the latest deals give us an optimum chance on delivering. Cannot wait to see firstly that on the recovery of oil price this SP will move upwards and secondly how much cash we could potentially have next year. My hope is that the long term holders that averaged down and hold between 18 p like myself and those that may be at a higher 30p average will all get to realise a profit if required next year. Lastly the BOD pulled Watership Down out of the hat.....very well played and believe that the market will take a week to analyse just what a masterstroke this is and how the SP will re-rate, due to the value of the deal to us, our reserves update, the seismic and pool of knowledge that our new partner brings to the table, the ever growing cash pile, the additional capacity of our pumping station which gets allowances so effectively no cost. If investors look at what foundations have been laid here then it is very very impressive and believe genuinely with this transformational deal that we shall all be sharing in 2019 success. GL all Ameri...sure thing investors for more big blue days to follow throughout 2019