Considering our proven resources, this ludicrously low SP has all the hallmarks of a 'moral panic', wherein the herd mentality irrationally produces an unexpected and totally irrational outcome. This will soon fly.
Malcy tweet : "I have just noticed that Exxon has announced its 10th discovery offshore Guyana and increased its estimate of discovered recoverable resource for the Stabroek Block to more than 5bn oil equivalent barrels. This is sensational news for @EcoAtlantic_OG who have 15% adjacent block."
Waiting for GSA to boost price. Proven assets. Two more very different wells to drill. 30% chance of success X 3 wells strongly suggests one will hit gas.
Excellent RNS. Cut loose from past debt burden and now making strong profit with high oil prices and growing production. Very lean business with some of best fundamentals around.
It's affecting all shares, you deramping dunce. As usual, oil price goes up : hardly any movement; oil price goes down : shit falls out the market. Ludicrously cheap at this SP.
SP will quickly rise before drill10 Oct 2018 12:04
No brainer at this price, considering our proven and producing assets. However, this silence is intriguing, and has all the hallmarks of a deal being struck pre-spud. Something good is on the way.