RE: What we gonna churn today then Passiton ..19 Jan 2023 09:52
IMV, the RNS is very positive. Only negative is the movement of deadlines (although these weren’t strict deadlines anyway, but investors will always hold the bod to dates if they mention them). Looks like February could be a month of good news, so not long to wait. At least it gives me another opportunity to top up at these very cheap levels and lower my average.
“As indicated previously, the Company anticipates that Contingent Resources will be assigned to the Chuditch-1 gas discovery, which should have a significantly positive impact on the value of the Chuditch Project.
As such the ERCE CPR will form an important component in the Company's continuing efforts to attract additional industry partners to participate in the next phase of the Chuditch PSC.”
“A joint farmout campaign is underway and we look forward to announcing the results of the subsurface re-evaluation during February 2023.”