RE: Boooooooom! - RNS's Will be Incoming - One After the Other π5 Feb 2024 09:25
"Next HE1" - Agree sir!
"WOS where do you see the share price in RNS ? I'm thinking 12p then once production first sale maybe 15-20p? Next HE1 rise here folks"
Mr Cybertron thinks yiu make very good point for MULTIPLE on RNS but also must look at how this RNS is CATALYST for MULTIPLE RNSs.
(I list some in 08:07 post).
People will understand strategy for Fast track & low cost Heron development of 7,000-9,000 bbl a day BUT this is only start.
Toson Uul have estimate 3 BILLION bbl which they have plan to develop "in parallel with Heron" and this is where DQE JV come in again.
Then NEW BLOCKS whichbthry look at next to known assets so this details should come out very soon.
Then of course many expect early TAKEOVER offer from Petro China if above not enough - with this or without this we can see how RNS catalyst will KEEP PRICE MOVING for other developments OPETATIONAL & SPECULATION ones like Petro China takeover - Operational is enough on own for multiple of multiple rise.
You are right about HE1 example but MATD have MUCH better case for ongoing rise & company development / shareholderr value.
I did buy more after that other intel I posted π¦