RE: Up we go again20 Jun 2024 11:26
Well MM making a wide spread they want sellers but a few buys price currently wanting @16.80 to buy will tip it quickly. A reminder of the RNS and that it was never game over here a small delay and a massive overreaction! The leak of successful flow underpins RNS statement on 3/6 below . I would ask WHY is it so difficult to buy? Massive fund orders being filled no doubt. This could be transformational for people getting in at this oversold level. IMHO DYOR
‘Following reconnection to the production facility, a long-term stabilised flow rate should be established. We remain convinced that Erfelden is a material and potentially highly valuable onshore oil discovery with Best Estimated recoverable reserves of 7.2mmbbl. The Company will now consider its options to maximise the value of the resource we have discovered."‘