Market cap under £1.7m (LSE), the company has been in talks with counter parties for sometime now. Namcor have increased their position in PEL94 to 17% for a free carry to first oil and now we are de-listing from the ASX, which will clear the decks to facilitate the next step
Clearly there is corporate activity coming, noise I am hearing from Namibia is all positive/hopeful, "exciting times ahead" being repeated
Picking up more at this level, will be seen as a gift imo ;--)
GBP Price at posting:
1.2¢ Sentiment: Buy Disclosure: Held
