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The instituations realising how big this can get - MASSIVELY undervalued at the moment and an extremely STRONG BUY.
Don't wish to be out over the weekend as people begin to catch on to how good this is going to be.
BUY BUY BUY!!!!!!
I can see heavy buying into the weekend and with the news all over the media Monday morning will be very interesting.
The advice is simple - BUY BUY BUY!!!! OR miss out on lovely rising for the next 6 to 12 months plus.
ZEUS has a fully derisked value of 7.1p per share currently.
You are clueless and only post as a troll to deramp.
Charlestown Energy will as a result of this deal and consolidation will bring in enough monies to allow us to get through to the post where we get $12.5m from Chervon which again will tide us through at least the next 5 years and with drilling planned in 2027 (3 years away) a nice discovery will secure our company for many many years to come.
Madmaxium - you are the naive one as of today's news we basically have little expenditure, apart from running costs which are minimum to us until drilling in 2027. So for nearly 3 years of finacially security if fantastic news for a oil junior.
Yes very good as shares below 1p are restricted from purchase for some institutions, so the will mean those will be able to buy in thus creating more demand for the stock. Together with this the positive news flow to come will help the share price move even further north over time.
JohnBriggs, this is just starting we will soon be a lot higher. If this was 'nogo' why would Chervon be interested and now big institutations are getting involved like Charlestown Energy. This is nothing but very positive news for the company.
I know you do not hold but for us really share holders happy to wait 3 years and CEG will be a completely different animal playing with the big boys in Uruguay when we go to drill with the help of Chervon.
50:1 would be fine - no problem with this at all. It will only benefit the company in the long term.
Share price of c 6p per share will certainity attract more major institutions show a fantastic future ahead for the company.
A company with no debt, biggest acreage in Uruguay, 3D towards the end of 2024 in to 2025 and drilling in 3 years. Can't be much better than that.
VERY STRONG BUY!!!
Would love a 10:1 as this means the sp will be over 1p and then allow major insitutions to buy the stock which a lot can't do for shares up 1p and then we will definitely fly. This share is only headed on way which is north.