RE: Merger and rising Oil price27 Jul 2020 18:06
Looking at the sells today it seems as though lots of Cerp share holders who were against the merger have sold and moved on. Lets hope the new company can increase production from the old Cerp assets and use the cash flow to reduce the cost of the P1 drill. Hoping to be above 5p by spud but as always without the crystal ball no one knows whats round the corner. Hopefully lots of positive RNS's over the next 2 month to take the sp to 6p with a push up to 12p due to new investors not wanting to miss out on the possibility of a multi bagger should it flow what they believe is down there. Good luck to all holders. Stay safe.