Guys guys guys.... I think everyone is feeling a little glum and sick of the bickering here - let's not take our eyes off the prize!
1. HC shows on surface (and locals not being able to drink the water?)
2. Mobil concluded '100% chance of gas' back in the day
3. Excellent quality source rock
4. Now confirmed excellent shale seal above primary target
5. Independent resource estimation of 5.5BBOE equivalent (using conservative estimates!)
6. CEO has significant skin in the game, and Stuart Lake (90% strike rate) on the team.
7. Significant oversubscription to last two cap raises
8. Fully funded to drill two wells, and no farm in required
9. REDD+ carbon capture program (additional income stream & carbon neutral project)
10. Sable Energy gas offtake MOU
12. Quick and easy monetization (SAPP, gas pipeline etc.)
12. Southern African energy crisis
13. Global energy crisis, and historically high gas prices.
We are literally in the middle of the basin opening well for one of the last undrilled gas basins in Africa, and one of the largest gas resources to be drilled worldwide this year - GET KEEN!!!
(Oh, and did I forget, we've basically already made a discovery?!)
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Mkt cap ! $110.7M |
Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
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1 | 10000 | 7.6¢ |
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Price($) | Vol. | No. |
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3 | 32787 | 0.073 |
1 | 10000 | 0.072 |
3 | 29050 | 0.071 |
Price($) | Vol. | No. |
---|---|---|
0.073 | 400000 | 2 |
0.077 | 110600 | 2 |
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