Member Info for Spodulike

Again. 22/24.

We are in a great position. Re rate coming up to fair value, what that is, who knows, but hell of a lot higher than here. Bring on 0.3 to start with.

This morning, i've bought in 3 batches, all shown in red.

MMs shaking the tree. Mostly buys in red this morning.

MMs caught out, showing buys this morning in red, and now another positive RNS. 0.3 will be seen shortly.

Guess what we got. Zinc, plenty of it. Boommmmm!!!

:)

I think so Jungle. GL

Definitely in a stronger position to strike a deal that's for sure. That RNS yesterday was to strengthen talks with possible funder.

I can see a surge to 0.3 soon. Way undervalued.

Phase 1 workover program complete

· Production increased at Pine Mills Field by an average of 30 BOPD - 60% Increase

· Company oil production is averaging approximately 120 bopd net, up significantly

· Enhanced oil recovery project in the northern end of Pine Mills restarted

· More work-over opportunities identified

· New Fouke area development location adds 200,000 barrels of oil reserves*

· Field operating costs reduced by 25%

· Field netbacks and profitability, significantly increased

· Cash flow positive at the operating level and now also at the corporate level

‘The Company has embarked on a major workover and development programme at its principal producing asset at Pine Mills. It has successfully delivered on the 1st phase of the workover programme during September and October 2024 which increased oil production by 30 bopd above that in August 2024. Net proceeds from this Fundraise will be used to accelerate the planned 2nd phase workover programme on 4 additional wells to deliver further potential significant increases in production and cash flow in the near term.’

Justice, please watch recent interview, quite straight forward really. This is rerating very soon.

I keep adding a little in here day by day when i can ready for the rerate.

Hopefully should continue upward when the profit takers have been sorted. 0.3 next stop please drive.

That's not the latest, the one from Allenby Capital in Oct is. But who's arguing over a few pence. :)

'Fair value: Following the placing we have updated our valuation to take into account the

increased number of shares outstanding, the funds received, and the rise in the value of

our peer group reflecting the higer zinc prices. As a result, we have updated our fair value

to 2.2p. This is an upside of 2,103% on the current share price.' From Allenby Capital Report in October.

I think we can all say at £6m cap we are very undervalued.

We’re rising who cares where the buyers are from.

2.2p valuation wow. I can see why now mind.