Pretty much the same. Got a few at .001 but mostly .002. Hard to see the SP not being north of 1c sometime over the month to 6 months (assuming deals get signed off). Therefore 5 bag + potential seems a pretty good risk/reward.
Once the Westmarket deal gets completed then the $1m cash adds some flooring to the share price. The $3m shares is an interesting one. Will they be escrowed?
There is a 1% royalty for petroleum however reading the announcement again it would appear the major interest is in Helium?
I guess this is the side play which is providing additional capital for further O&G purchase opportunities.
Will be interesting to follow Westmarkets IPO success. They need something tangible I would think to get LSE listing and I am not sure that end Jan is achievable? Who are behind Westmarket?
Pretty much the same. Got a few at .001 but mostly .002. Hard to...
-
- There are more pages in this discussion • 41 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
