Just on MM left on the 0.6 now as well... literally no stock out there this is going to fly this week .,..rerate has started time to get on board if your on the side-lines don't wait till later today otherwise you'll be paying 0.07'- 0.08's
The buying continues ... it's going to pop very soon can' t be much left now at the 0.055 level. with just 2 MM's soon to get taken out and we're off with the short term 0.085 retest and then the 0.13 retest !!
Forget the red mark on today so far every single trade has been a buy this morning we will turn blue very shortly and the rerate and retest of the recent high will start !
SP wise I would suggest that 98.5% of people are under water and when you breakdown that to break even it's quite remarkable recent placing 16p then 20.5p and you would expect they certainly want at least a 5x and then the mainstream who are 35-60p averages
My point is we are just on the cusp of this huge turnaround and we already no the Q3 are going to really set the market alight as Q2 has a load of company decom costs so as Q3 draws to an end and with Cas4 and Ca5 about to add to the cofferes you can see what a great investment this is going to be from here. Q4 will IMO be insane figures as the flush rates from 4 and 5 flood us with cash (PB can use the word flooded with cash on his next roadshow) Central block with change the game as we in respect of ROI as apposed to $2.50 we will receive circa $4.5 and once over the 22 figure we should get the LNG rate $11 ish so all of a sudden what looks like a donkey soon turns in to s thoroughbred racehorse.
So giddeeup and enjoy the ride but if we do see 100% on the SP tomorrow just remember that only gets the majority of intentional investors to break even and they want at least 5-10X
60-80p is fair value as we sit today IMO and with Cas4/5 Central block drill we could see the sp start with a £ once again !