RE: BIG RISE COMING30 Apr 2024 18:03
we still have a higher mc than they do , its never about an individual companies sp , it is always about their value as mr market sees it, at the mo, it gives us zip and sfa value for all 3 assets, so a little out of kilter to any value.
many a market , upcoming drill company has reached Β£250-Β£500m mc's in anticipation of a strike, well cameroon is appraisal to production , not a wildcat, so should be credited with some value, Β£50m not exactly a stretch, compared to others in the past and recent market history.
cameroon , not a show stopper like some others boil tl drill expected december 595mboe - over 1 billion, sits Β£17m at the mo, market currently has a downer on junior exploration companies both oilers and miners, come and go in cycles and will change again , pre our drill , in the meantime, it needs ja to get of his lard **** and deliver , news not repeated
in talks and finance soon ad infinitum. ππ€¦ββοΈ
then watch it fly from the submerged basement, back to a company seen by the market, as having a bright future again, not just keeping a dim light on. glalth