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A lot of bad news priced in now. If they are able to produce a positive H2 2024, we could see a very meaningful rally

Looks like the numbers are going in the right direction

Are people of the view that they’ve already been drilling and potentially started the EWT? Or have they not started drilling yet?

As the drilling should not actually take very long, I wonder if they will just RNS when complete and that they are commencing the EWT

Big gap fill coming

I think we’ll be back up to 1.50 in no time. When they announce the drilling has started, T will take the next leg up

Classic tree shake which got gobbled up

You know the EWT is going to be good and the share price will be a lot higher. When the company is worth 300m or so, you’re not worried about a 50m raise

Wait until they announce drilling has started and it’s the countdown to the EWT results….going to rally hard

That was a beauty of a dip

Glad I topped up. Going back up to 1.50

Topped up

Could hit 2p today

Looking like 2p today. Could be 3p this week

2p very soon

With a positive EWT, strong flow and confirmation of a good bcf, a market cap around the £300m level is wholly reasonable in my opinion. That puts you in the 5-6p range

Could break 1p today

It has always struggled to hold quick and large moves higher, so I would be happy to see a nice slow trading up

I added a couple more amounts

I think the update was very good, which is why I added. The real inflexion point, which is when the valuation goes back to where it once was, is when we can show a solid positive EBITDA and cash flow positive. That’s what I’m here for and you’re talking 10x kind of levels