New wells, stabilising old wells, bottoming oil /gas prices, better debt control, potentially better financing, and an oversold shareprice are the attractants for this one right now.
A huge 100-200% rise here in the past few days. Losses narrowed, costs trimmed. Shells hot on AIM for the second year running. MMO next in line. Dyor etc.
Next week is key...
Sitting on ~£0.5m cash...
Sitting on investments worth at least ~£0.8m...
NAV update coming soon...
Lion goldfield alone could potentially drive £1-2m of extra revenues for MMO...
Current MMO marcap today = ~£0.6m...
A lovely +75% rise now. Traders betting on the upcoming AGM, some additional newsflow around financing, and the share's momentum that looks way oversold.
Sitting on ~£0.5m cash...
Sitting on investments worth at least ~£0.8m...
NAV update coming soon...
Lion goldfield alone could potentially drive £1-2m of extra revenues for MMO...
Current MMO marcap today = ~£0.6m...