According to that presentation mapping of the Jurassic is ongoing. Maybe that is a prerequisite to the deal being made. I believe they are trying to sell this as significant upside potential. And so would affect the price paid. My opinion only of course.
Well jack you have definitely called it right last few times. But can you explain why you think it is so? Ijust gut feeling or do you have some info.
Is it possible they know something? Or are they just tired of waiting and want to move on to the next big thing? I guess they figure there is enough time to get back in?
Brave person too call the bottom on these. just hold on for the ride. Still nothing from the company. If they were surprised at Christmas at the share price erosion they must be flabbergasted now.
Don't they have equipment/contracts that is worth more than their current market cap?
guess on the news it will double to £1. har har
three trades this morning. total amount 3.5k.
if they can't monitise this asset then i find it hard to believe they will be able to fund raise at any price. who would agree to giving them money to do further drilling if they can't do a deal on this one.