An odd post for someone with a decent holding unless you are expecting failure...There is always risk in this game but if you believe in the discovery here, then the price today is a bargain..You pay your money and take your chances..For me this is the best odds I've seen for years ;so 21p is a good price.
Silv,You make the point very well..We have a troubled history ,baggage that Cnic dosnt carry.Im very pleased with operational activity,H1,looks exceptional ,R&D activity such as blocking RNS..will continue to add to the bottom line in H2.An official H1 RNS with projections for H2 will be most welcome by the market..
Confirms SjLs views on growing consolidation in the space.MMX are pumping out the numbers and revenue and with the most recent RNS have made themselves ripe for the picking..
DB ,most agree ,a conservative and modest man,has spoken of 3/4p potential..so to call 2p fantasy? It's all down to what we actually have and if anything like the figures we are hearing .50 would be a joke..I'm in the 2p camp on proof of asset ...but I believe this will run ahead of itself to 1p in the short term.
Anybody seeing premium stock sale prices.?.my internet playing up.
True,a ridiculous over reaction to an almost pointless 5% of the asset,however,Alba need to produce a solid result from one of the major assets and show a path to operational profitability.Its also about time we had news from Ireland...
This is much bigger in size and scope than DB expected..Oil or condensate in the mix was not expected..I see it as a big bonus and a heads up for what we have.The raise is specifically for the testing of WN..Its a monster find..