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clock Created with Sketch. 17/04/21
05:13
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Originally posted by SugeKnight:
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I think 250M Market Cap pre-drilling , which is possibly about 6 months away - being the conservative figure (it can go much higher on hype and FOMO). So at least double the SP from now is a very conservative figure.This is a 100M Market Cap company, with potentially the largest, seismically defined, undrilled structure onshore Africa. Cabora Bassa Project in northern Zimbabwe comprises a massive 9.25 trillion cubic feet (Tcf) of gas plus 294 million barrels of conventional gas/condensate (gross mean unrisked).
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Yes. it can go much higher as the marketing provided by the S3 group (Next Investors) runs until 27/08/21 at this stage. Unless terminated ealier. S3 groups shares (5,720,000) provided for services rendered comes out of escrow on 27/04/21.
