RE: Brent just touched29 Mar 2025 06:19
Good morning Legache, yes facts are facts,
and since the decline in the Sp from 27p region, we have had various Directors taking advantage of the Sp situation, with nearly 1.4Million shares being purchased, a completed development plan sent to Vietnam government for approval, and awaiting feedback on a pricing structure, which will give JSE decades of upside production.
a fairly stable oil price above $70
yes Facts are Facts , we are now 3-months into the new year of 2025, 3- months of Post AKATARA production, we never had last year as we were spending heavily on building the Gas plant facility , that's now behind us.
we now have additional income stream from the CWLH asset to look forward to over many years, with the De-comms paid upfront, a huge plus!!!
so in essence trust the BOD that they at least know where the value lies , and considering JSE are at all times low Sp now really is the time to take a few more shares off the table, i am looking forward to the new ISA Tax year were i shall use 50% of the allowance to take advantage in this SP if it remains at 24p or under.
building for future growth and dividends takes time,
have a great weekend see you in April