Malcolm / Wasa,
How good to hear from some of my favourite long termers.
I could not be happier with events and I have been known to be a critic of management and what I perceived to be their tardiness.
Farm ins with CNE and COP - big tick.
CNE successful drilling campaign - tick (as the rig had some downtime).
Drilling targets - very big tick. We can't underestimate just how difficult offshore wildcat wells are.
Future funding - big tick.
Future planning - COP and CNE actively looking at the appraisal for FAN1 and SNE. This is a very important development.
Cornerstone investor - FARJOY. Appears to be a strategic investor and in for the next phase of appraisal drilling.
Other prospects (Kenya and GB for starters).
As a long termer there is a lot to get excited about. I don't have a huge holding but I am completely immune now to the daily fluctuations we are witnessing.
No doubt further opportunities to buy further in the next 6 weeks before assay results from recently completed success.
Cheers
BF
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Last
35.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $32.34M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1999 | 35.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 38.0¢ | 6001 | 1 |
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| Last trade - 16.21pm 08/07/2025 (20 minute delay) ? |
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