Company was at a 400 million market cap on a well not even derisked like it is now. It’s now a190 million market cap. It’s a discovery delayed and the discovery is an elephant just on the upper Angwa. You would be a pure donkey to sell 1-2 week out which the CEO himself stated multiple times “only reason it wasn’t declared first time was from the tool failure”. These are day traders playing their 5 percent flips.
Formed a pennant flag today and once 16.5 cents gets taken out again shortly this has 25 cents coming very quickly. $2.40 is coming you just unlocked the largest basin in onshore Africa. The basin itself is a 2-3 billion market cap on initial discovery.
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