Exactly. we are up 15% and you try do deramp this. Its shown good support around 2.4p . We will have spikes and dips but there are many more legs in this share yet IMO.
Thanks for that info voger. I will hold . Fundamentals too good here..
They don't have the debt that frr has or the massive share dilution . And they have an income stream . and they have the expertise and infrastructure on their doorstep. Much better prospect here.
Think I will stay put now the day traders have been in and out. Great gains still to be had all week IMO.
This is holding and I see that we may have another strong finish and yet another gap up tomorrow. I certainly wouldn't want to be on the side lines here...
5p by the end of the week IMO... Great fundamentals . good short ,medium and long term play.
costs of extraction are about 18 dollars a barrel. That leaves a whole lot for profit . especially with 75% going to rose at the moment. However a farm in could halve that. Still huge profits for a company with a MCAP less than 20 million GBP.
Great company Salop. Not the risk many make out . Just undervalued at the moment with all the new projects and experience of the BOD. Not like many BODs who are money grabbing scam artists taking a salary for doing nothing for the shareholders.
stil think a bounce from 2.5p . The fundamentals are being forgotten by many on here.
Time to take a quick breather before the next flurry.....