RE: Trading , quick out of the traps23 Apr 2024 09:43
Market cap high , which is always the true high, never sp, is £49.85m which is basically 0.2p with current new expanded share base, we hit that MC , on a something might eventually happen, would on progress, expect that old high to be left behind on a SOMETHING HAPPENING RIGHT NOW DRILL event.
Same as last time , same range the high MC was 0.17p, it cracked and did another 100% on top, same again on a much higher profile event and that is 0.4p just under £100m, many a minnow chasing much lower bo/e have soared to MC's of £250-£500m on drilling events.
Chuditch limited area GIIP and reserves will rise after the drill CH2 149M v 25M ch1 well site reservoir, £100m not a lot for an asset , by the TL Ambassadors comments recently , worth over $10 BILLION to TL, at the time TG NOC only held 25%
making the limited area in play (minus quokka other shell leads) alone worth over $40 billion to a long term developer.
When it goes, it will go big, especially, if AB achieves what TL Gov have long sought, a return of the big boys, a JV with FilthyLucres wish list INPEX (or similar) will cause an explosion across the market and various herd winds. GLALTH 💥