If we manage to prove lower and upper tertiary plays, the sp should do a proper rerate for now, that's a huge part of the licence derisked.. I hope they will release an update on our future operations.. Aim doesn't like quite periods, sp will suffer if we don't provide a plan with timelines.
Tsx is way to unstable, the swings are crazy, makes aim look like a mature market... Still surprised we are holding up so well here.. Lets see what happens next week, exciting times!
Just profit taking, and actually it's a tiny amount of sells, I was expecting much larger sells... Won't be surprised to see us down 10% by Fridays close..
Profit takers must be ready to press the sell button... This vol is amazing, this is doing much better than I thought it would... Would be amazing to stay at these lvls before the results are out
RE: Really happy for everyone here21 Aug 2019 10:41
Yes it is, but me personally, I am waiting for 118-120p to add another 50k... But if I see it won't be dropping to those lvls, I will wait for the lowest and buy then, but won't be 50k worth obv..
Yes just over £10.. but I didn't word it correctly.. I meant that only in the event of a buy out.. In terms of sp I don't see us higher than £3 after the (if successful ofc) hysterical trading ends and we hit a time of calm and no operations... If we are still alive and operational and manage to derisk further, I agree, we could see us worth north of £3-4b
If we are 100% successful come end of September, anything less than £2b will be unacceptable... I do wonder if we can manage to keep drilling after tlw are done with their well... Sp might retrace by 30% if we will be on stand by for a few months if they decide to wait till 2020 to carry on with operations
If Joe is a success, £1b won't cut it... In case of two major discoveries, plus hummerhead, and a huge derisking of the license, confirmation of the seismic etc, I'll be shocked if we don't get £2b for our share
“We’ve seen Qatar Petroleum coming just two weeks ago with Total into the Kanuku and Orinduik Blocks and I can tell you for a fact there are many additional big companies that would like to have a skin in the game…” trading eco is dangerous, this is an extremely rare example of a share on aim that you actually invest in.. Could we get a surprise offer to catch everyone off guard?...
Indeed thank you, can't believe I managed to buy after the results for a small premium... We were at £1 before based only on hype regarding hammerhead.. We are at £1.17 after confirming a big discovery... Aim is extremely Conservative nowadays.. Seems like they want to see full numbers before letting this go wild