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If they secure project finance RkH should be valued atleast .80p, given Iran tension , oil price could shoot up that will be reflected in the SP too! Hold tight , patience will be rewarded! BOR is another shares to look at

More likely oil price will shoot up and Tullow will be one of the stock to correlate accordingly ! I will add more ... won’t be even surprise if oil price goes to $100, if it does where will be Tullow at ?

The same Co was at £12 in 2012, a few days who it was £2; overall reserve base remains largely unchanged and still producing 70-80k bpd oil, from that perspective it’s hugely undervalued! Takeover clubs could be in the horizon .... hold tight and let those day trader, short seller and scaremongers play their tactics , all will be gone when price started to shot up ...good luck all true investors Dyor

More likely they will need to raise cash through shares issue ! Another dilution on existing value . ...

We won’t get many opportunities like this to buy at such a low price , my average is 60p but those are lucky who bought at 40p... I’m optimistic to get at least double !! We all know there are many negative poster and know their motive , grapes are sour !!Dyor

Those are brave and can hold will make good gain from Tullow; market punished too much But Tullow has solid asset base . Can’t go wrong , hopefully a bid come starting from £.90p , can go up to £2.50

Anyone read Bloomberg article today ? It’s t says Thompson decline to comment whether it’s actively seeking buyer but reiterated if any attractive offer comes it will be open ! She also reiterated Jubilee and Uganda remain world class oilfields;

Clearly there is a huge potential ; Take over offer will come to buy these assets, I made two comments earlier today and I think it’s going to hit 90p and if any offer comes will be in the region of £1.20 to £2.20

It is bound to bounce back to 90p range .... priced into worst case scenario like oil price $30 .. will be very surprised if it doesn’t bounce back ! If it’s stay low Take over bid on the way

It’s overdone , it should go back to .90p+ soon! Expecting a bounce back ; be brave when other fearful ! DYoR

This share is too cheap now; while we all know multiple party are in discussion and reviewing with the aim to make a attractive offer, first offer being rejected! More likely a bidding war will starts between the prospective buyer, it can go anywhere in within the range of 40p to 70p or beyond..I said it many times in previous post .. I will hold till the end! This kind of opportunity don’t come too often in Aim market

If fundamentals are strong it should keep going up, which is the case for OMI , it’s has only £6m Macap, given Newmont being a major investor as well as working on the project , any positive RNs should make this SP fly to 300/400% ... it’s all about demand, Omi is getting attention now hope it keep going up , no more drop in share price plz ! Been holding it for quite long, our Patience should be paid off ...

Exactly this doesn’t surprise me ; I started buying this at 17p then 12p then 7, 5 ! Market cap should be at least £60m which will give SP x10 times to 60p..... huge potential and we can aim for higher like SOLG

Amerisur was 6.9% higher in early trade on Monday, at 17.66p a share. However, five years ago they were at 64.75p.

Response on The proposal, the French oil and gas firm made : this says it all

However, Amerisur said the possible offer "materially" undervalues the company and was "not at a level that merited further consideration". It has urged shareholders to take no action.

Market always don’t follow fundamental, it’s market maker plays with investors sentiment and demand! Now Amar is on spot light, many investors will desperately try to enter at this low price while amer negotiate with potential buyer ! Interesting time, just sit tight and relax , SP will be much higher, it should be at least 30p and them may end up between 40 to 60p range ! I’m a long term holder, started buying at 27p and last topped up at 13p! There are many like me won’t sell at cheap

if Amer doesn’t get good premium no need to sell as it’s not a loss making business; it generating profit , no debts and low cost producers ! Let biding war starts and see where it goes , it’s an attractive portfolio for any big player. Be patient and those who wants to make quick money let them leave with small profit

If price war starts sp price could go much higher; I’m looking in the range of 48p to 80p! If OXy makes an offer or any other large player express interest it’s not impossible to value this co to £1b given it has no debts , a cash cow , law cost producer and good reserve with huge potential of increased reserve ! It wasn’t that long SP was above 40p; board shouldn’t agree anything below 50p ! I will keep holding it till the end

Considering the co has no debts, cash generative , has good asset base ... of price war starts it could go above £.60 p and at a min should be priced at 35p-45p range

A positive news from Newmont can make this SP fly as not many shares in issue ... even with with £60m Mcap sp will be 10x current ! Opportunity like OMi won’t come very often, could be another Solg,

Same here my average is 8p... it has huge potential, big player like Newmont won’t just become a partner of a tiny co without doing their due diligence n checks!!

Hope something good comes up from Newmont,if Mcap goes to £60m SP should be £.30 +! Not impossible it could be another Solg.....