Hahaha very big change of heart since this morning/yesterday...

Hahaha very big change of heart since this morning/yesterday

“This is going to run like hell”

“did you sell early, hoping to get back in at cheap price. So you begging for a company to have cr. Good luck with that.“

This will cap raise at some point, will still be a small amount of shares on issue anyway as only 80mill at present and company never has any cash

The company has plenty of work to do, but has plenty of area, Linked with good partners and potentially a drill drop in the Wye knot this year

Delays have been happening due to fracking ban, no funds and trying to offload projects which didn’t happen/fell through

Previous management was poor, new management could change the company and the recent drill successes have certainly created interest

This dropped today along with the other Perth companies, it’s gone from 1c to 10c in a month, people were always going to take cash off the table following ten bagging and zero word from the actual company

Still very cheap but plenty of work needs to be done and could fall further, could go up again
Could drop to 1c again if company does nothing and doesn’t release any news at all
But everyone knows it’ll cap raise at some point very soon