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clock Created with Sketch. 03/08/21
19:49
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Originally posted by SugeKnight:
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Re: Share PriceSeptember is the month / quarter where things will start ramping up: Seismic Data Acquisition,Camp Construction finalized, local 120 field crew ready on the ground, Polaris mobilising personnel and equipment on site, Aztech Well Construction to select a rig for the campaign, secondary LSE/OTC listingIt will take a few more months after , for Seismic Data Processing + interpretation for the whole block > and in turn possibly a potential resource update (potentially increasing from 9.25tcf+)Then the things we are still speculating about: Regarding PSA: I have read in a few places that the company is 'good to go' with the already signed PEPDA with the government. And the government will make a "Product Sharing Agreement" (PSA) when the product is available. (ie; when a discovery is made). It makes sense from the governments perspective, because they will be critisized by the people if they make this agreement when there is no product yet (some Zimbabweans still think this is all fake). This is all speculation though, and the PSA could be signed at any time.April 2022 is only 8 months away . If you could go to sleep and wake up between January - March 2022, i think you will be super happy with your investment. Its way too early for any hype or momentum. These times are great for accumulation. Remember, they will be drilling potentially the largest, seismically defined, undrilled structure onshore Africa - that's a big deal. There will definitely be momentum and hype coming in to this
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Agreed on the timeline for price appreciation. Share price wont go vertical when the drill bit hits the ground. Expect it to occur well before and in stages. We will be $1 early next year.
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