asx,aim question, page-16

Hyper
I personally am not selling on the JV , i think its more about building the confidence in the stock, the JV is very important to many of us that have been in it for a while and know the potential . I have no problem with the view of selling some to derisk ones position though.I would like to start offloading a little on second JV and lead up the drill of Morrocco then Ill make sure I have a decent holding still for the results. As there is still so much to find out about the direction and strategy which too me could be hugely positive ild really like to see this play out


I think there is too much upside and positive news to off load so early . Im actually hoping its a slowish and steady rise over a few weeks to build some support but the reality is it could really shoot up fast

As far as price target go's
Well we know the last high was 88c , this was just on 2d alone. I think its fair to say we could smash that , my only hesitation is that AIM never had that high as they started trading after it so mentally that history dosn't relate to them.

Theres so many varibles
If we got BP and it was 25% and free carry this stock would take off, I could easily see it testing a $1 as the Media coverage would be excellent aswell. Throw in an updated broker report from Peel Hunt and a feel others then the Instos start to get onboard who knows .Remember they own 2.2%

In saying that , Tullow could also have the same reaction. They are the golden child

If you look at Fastnet , we are grossly undervalued , so there is the chance we could be playing catchup , and in that case we are talking a lot more, 3 x current value, however this is perfect world stuff so again who knows.

Also I did speak to Eve about the possiblity of Steve from Fastnet coming onboard as a director , as I believe it would do wonders for the SP. She did mention it is a possibility. She was very happy to have him on as a consultant as he is extremley well respected.

JV alone could see 80-110 in my view
Through in some excellent 3d and I think definately nearer 110

Lets hope its a big player!!

Theres a reason we have great Geos in TPT , its the best block
Also good to see the trend is very strong
Jeffo any chance of a chart and your thoughts on price

Also interesting with the americans jumping onboard, lets hope that continues , the wider the interest the better, gee we really need some local coverage