RE: Drilling rigs24 Feb 2026 20:06
I know what you mean but valuations remain artificially low due to the nature of the small cap market in the UK. Usually stay depressed because liquidity is thin and a lot are just trading numbers on a screen rather than analysing intrinsic value. In many small caps, especially resource juniors value often isn’t recognised gradually. Instead, it tends to be realised in step-changes triggered by specific “value events,” such as a formal sale process or takeover approach
or a transformational RNS announcing materially higher resources/grades than expected. its just about holding out for those events and/or the end game. What we have wont disappear ..