I knew Wall would have an ace up his sleeve to commence his PR blitz but it appears he has two!
The first is the commercialisation of the Charlie-1 gas. He is now formally quantifying the amount and suggesting a specific timeframe as to when initial work will commence.
The second, and for my money the more bullish news, is he is announcing a specific time - July to September - for the FO of the new well adjacent to Charlie-1.
FWIW I consider this a milestone announcement.
He is trying to give this stock "legs" as well as promote the FOMO. If the 2 wells are duds the SP is not going back to a tenth of a cent because there is too much potential elsewhere.
Be very interested to see what they make of this tonight in London. Very tempted to grab a few at 0.9c.
BTW consider this the opening salvo of a PR campaign to push the SP higher. Its only just begun.
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190 | 790653848 | 0.001 |
0 | 0 | 0.000 |
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0 | 0 | 0.000 |
Price($) | Vol. | No. |
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