We're at 2.2, maybe it gets to 2.1 maybe not. Seems a pointless...

We're at 2.2, maybe it gets to 2.1 maybe not. Seems a pointless thing to argue about when the share has already moved 3 pips today and 13 in the last month.

If you're a pure TA trader then maybe it's important to you. If you're FA then you're waiting for first flow rates, news on the drilling of two more wells, oil prices increasing, strategic acquisitions or agreements etc.

I think management are wonderful with their updates, but when the updates are 'everything is going as planned and to the timeline' you can't expect the SP to climb. Derisking sure, but the SP has already doubled prior to the drilling so there is positivity built in to the SP at 2.2.

I'm surprised we're not at 3c by now, but that will happen by first flows. You can't always predict when SP moves will happen, but you can predict that they will happen (if the company does what it says it will do).

So just wait, that 3c+ will happen by end of August. Exactly when ????