I think the penny is dropping that waiting for 1c, then 1.1c given there was virtually no selling pressure anymore meant buyers had to finally step up or miss out.
I predicted this move 3-4 months ago, and said we'd need a quarter to form the bottom then a xmas / new year rally.
Its all playing out nicely. Couple of things very different from last time
Wells are stacked ready to go one after the other
Experienced operator spending big money
They are going straight for EFS, no pissing around, and therefore low risk of another blockage (chalk).
and they could be at 4000-5000ft already.
another short rest and 1m+ bite, now look at 1.2c.
this one can move v fast I also though 1.6c was first main target JeSS
AKK Price at posting:
1.2¢ Sentiment: ST Buy Disclosure: Held
