That's the link I was looking at sharky007 ..thanks
sharky how do you get link to work ..please?
I cant get the link to work so I must try harder as must you voger for your misinformation. Mathew Idiens CEO 16.8 million,Philip Jeffcock Dir 18 million and Sir Richard Needham 2.4 million... Lets not distort the facts that are out there...
If as they estimate the cost of drilling is as low as 17 dollar a barrel and the "conservative " reserves are as they say . Then I think I will let the numbers do the talking. The company doesn't have massive debts (unlike many other AIM shares) appears to be carefully managed and has experienced BOD who have proven up reserves and sold on before. This is a great share to be in at such a low MCAP ... I can only see the trend being up. Few bumps on the way, but holding will reap the most rewards . IMO. Good luck whatever your strategy is. We are all here to make money.
thgey got the acreage cheap through good negotiating and a 25% free carry . With those reserve estimates , it looks like bargain of the century. Ramp over ... Back to work.
If some of you both to read , the company hopes to be in production by mid next year. This is exceptional by any standards and means 3D and drilling will occur before year end. They have big ideas and have stated they are looking at a number of options to fund the drills including a loan . The BOD are experienced and know what they are doing. I will be topping up tomorrow am to add to my holdings. If there is dilution it would be higher than todays price.
gut feeling we will surpass 3p on Tuesday and continue up over the week...
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