RE: Placing Shares24 Jun 2021 21:07
Oiler, I’m very relaxed about the rig RNS. Leslie Peterkin mentioned in one of the last interviews that they had identified the rig and that the drill would be in Q4, he wouldn’t have mentioned that if he was not certain about it. The signing of the rig involves various parties and in my view he thought it would have been quicker, but I’m convinced it will come. People sell for various reasons, some thought it was a quick 20-30% return, others might need funds. What I like is that we have found a bottom around these levels and we all know that the sellers will end and this will move up until at least the Q4 drill. Smart investors are slowly coming in and as say many more will come when the rig is confirmed. One of the easiest investments around at present for me.