RE: offered well above ask18 Jan 2019 12:45
Tend to agree with you Tom, results like 1 or 5 and we are blowing past 4p easily from this start point, couple that with a major or other data and I think SB exit of 10p could be right around the corner.
Lets talk downside for a balanced view - what do you guys think, someone asked the question a short while ago, personally I think its very different from last time with NM, I would expect no more than 30% stabalised price if all 4 holes miss by a mile and there is next to nothing in them, remember they may have just missed or could be in the wrong direction, there is more drilling to come and find tune HAV in q1, so personally if that happens I will be aggressivly buying into the drop if its oversold like last time. Then we have all the other projects and BH being the next major exciting one, close to surface and possibly a monster too.
I think if somehow these next 4 holes arnt what we hope for, it presents a buying rather than a selling opperunity, no doubt some savy investors will do what I did last time and sell on the way down and buy many more back if you can get close to the bottom as I managed after NM. Thats one of the things I love so much aobut this share, its not a one trick pony, yet any one of our licences could make us rich, getting more and more derisked by the day and I for one and more than happy to be here for the next 2-5 years and ride whatever wave or storm arrises. GLA DYOR