Being a long term holder and observer, I think the sell down is done and it will base out around here. Market cap of 8m with about 3M cash in the bank. So an EV of about 5mill. It is cheap now and in the region for another run over the next year into the 30s......1 drill hole is all they need or an impressive acquisition.
Even if Guyana is not working out so well they have enough money to acquire another project somewhere and jack the share price 100%.
Being a long term holder and observer, I think the sell down is...
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