focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
"funding will becoming soon...still a risk...but if a good deal for existing SH "
One thing you can be sure of is that it will be a very good deal for incoming sharejholders. As for existing ...
Won't be kept waiting too long for KON 15/19 awards plus the Azule double divest. Really can't see this remaing sub-40 for much longer.
250k trade at over the ask is not punt money
Straight £500 bet. Ten bagger 5 grand if it comes up trumps. Lose the lot on any other outcome. Bet what you can afford to lose. As for the strike-it-lucky odds, I'd say a 20% chance of this exploration drill pulling it off. Hence the massive reduction in price to get the shares away.
Or maybe just closed down for christmas!
LOL
Flurry of 37p buying followed by 12.35 trading halt.
Sumat up?
Woop woop, the soap opera plods on. Pure comedy.
Sp was being held back around 30 despite the constant buying pressure over the last 2 weeks. Shares freely available.
Not any more. Herd starting to arrive, so increasing demand.
Follwing recent D buys, wouldn't be surprised if ii big buy orders were now being filled. Usual mm ploy is to dip the sp to weed out the weak hands.
No name of buyer, no name of agent. No cash. Someone's aving a laff. Wise up.
You'd expect iis to be coming in on this. Solid stock, relatively risk-free with oil producing assets and strong growth prospects
Muted interest, yet imminent twin news this month should send the sp beyond 40p. Near-instant 25% gain for the quick-profit brigade, yet nobody seems bothered.
Presumably early December relates to Admission following the rto as a result of the full completion of 14% Sonangol (03/05)divest.
Late Dec for the Azule 12% (03/05) + 12% (03/05A), although could come earlier in the month.
Little chat and little price movement. Odd considering we are a day or so away from the major transformational announcement of full completion by Sonangol/ANPG. Whilst there needs to be published a supplementary AD for the Enlarged Group rto, does this mean a another brief suspension of shares trading?
Isn't the Afriquia MOU framed within the 50 mcf per day? 12-month exclusivity period prevents other parties muscling in on that proposed GSA.
But what about any extra amount over and above that 50 mcf supply?
What's to stop negotiations with any other outfit outside that set parameter?
I wonder if PRD is about to announce a 2nd deal. A gas offtake prepayment with Super Cerame?
Afriqui sale has a cap. Is the gas being shared out among different parties?
Announcement once Deal 2 is fully agreed and legally binding, with an extra $2m in the coffers for later drilling to finish off MOU-2 and move on to MOU-5. Suspect that such a plan is being worked on.
Yesterday's reschedule testing news had the effect of dipping the sp, with the usual exodus of smaller pis. Usual ploy.