Very positive messaging from CM and the team, including discussion(s) regarding funding. Makes certain people look a tad silly when they downramp by implying that equity dilution (capital raising) will be required...
Great commentary regarding their Cuban connections as well as commentary regarding the strong Sonangol partnership.
MAY SP looking very positive - building nicely (prefer it this way, compared to spiking and then needing to retrace). Can see this gradually working up in the 4's over the coming weeks in preparation for the service rig moving to A2, and commentary regarding pad preparations for "A4".
No reason to sell. Plenty of reasons to buy and hold IMO.
Regards
Kit
Very positive messaging from CM and the team, including...
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Last
3.2¢ |
Change
0.003(10.3%) |
Mkt cap ! $107.8M | |||
| Open | High | Low | Value | Volume |
| 2.9¢ | 3.2¢ | 2.9¢ | $182.4K | 5.982M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 534562 | 3.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.3¢ | 1235000 | 3 |
View Market Depth
| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| MAY (ASX) Chart |