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14/05/22
08:06
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Originally posted by WatfordLad:
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Well how sentiment can change in 24 hours! That webinar was just the tonic to calm the nerves after a torrid week on the worlds markets. As if on cue, the Dow is now a sea of green today. Great to have you both back Mr Watts & Suge. So many more will follow. Was initially frustrated that this all occurred on a Friday, but in reflection, it will be good to have the weekend for the word to get around and FOMO to grow. Particularly liked that Scott mentioned earlier, that there would be a big marketing PR campaign prior to spud and also like what Spoke were saying …at last! Feel a NI post is imminent and our man on stage in London, presenting to Bloomfield along with others, is a big shot in the arm of the company too, in relation to getting us known globally in a time when the world is in dire need of gas and oil. I feel we can all breathe a little easier knowing that Capt Macmillan is steering the good ship SS Invictus in to clear water. What an exciting cruise we can all look forward to. A tranche of announcements to come over the next two months. From what I garnered over the course of the webinar - This is my scenario and would love other thoughts/projections? (This is purely speculation on my part of course! So lay down your weapons UMW!) In some sort of order; 1. DTC listing within a week - perfect timing with approx 8-10 weeks before spud. Will then be many more fish building up to a possible feeding frenzy all from the same sized pond. Big sp catalyst 2. Gazzettal approval within 2-3 weeks - the stepping stone to Lease Extension red tape clearance and pathway for seismic release. On its own, not a big sp mover. 3. Seismic Upgrade. - Biggest share price rocket of the lot. IF the figures are even remotely near what some are predicting (Scott seems to be very excited about this) it will be a massive news item globally. Huge rocket for the market cap. 4. Farm Out results - could come in many forms. Will be a great cushion for our future expenditure but not sure it will be a big sp mover? Massive box ticked though and absolutely vital. (Where does that UAE connection fit in?) 5. Rig mobilization and construction complete - huge FOMO event and will be a big sp catalyst too imo. 6. Drill bit bites - up the sp goes again on pure speculation. I STAND BY MY PREDICTION OF A 50c SHARE PRICE, PRE SPUD. Now the biggie - IF we hit a duster in shallow target 2-3 weeks after drilling commenced - share price will fold at least 50% despite the promise of many more targets to follow. The fickle market will head for the exit doors imo BUT IF we hit paydirt with a big reservoir as potentially indicated, well the share price/market cap could be ??????? Would love some of your thoughts on the above guys? Purely the ponderings of a crazy Englishman. Taking my wife out to dinner tonight to celebrate the successful webinar presentation and to toast the life/nation changing asset we are potentially sitting on…..she thinks it’s about our anniversary!!!
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Great write up. The webinar was brilliant. Scott is very good to listen to. The two announcements I’m waiting for are the farm out and the seismic upgrade. The seismic upgrade will give the SP the biggest jump. It’s already a large number but believe this will be significant and in total will be 15+ tcf which will push the SP up 10-15 cents. The farm out was good to hear with major players involved as well. Not sure who will get in though. If we hit on the first well it will be around $1-2. People here saying we shouldn’t speculate what the price will be are crazy. We are all here for the price to increase and make money or we wouldn’t be involved to begin with. The next two months are huge and will be the biggest of any company on the asx. Very exciting and am stoked to be involved in this journey. Good luck.