Take him with a grain of salt. He does the same rhetoric of posting over at BRN as well.
Personally $6 is a little ambitious as I see things and I trust every SH has read the MST research report valuation
https://www.renergen.co.za/mst-virginia-gas-project-drilling-promising-phase-1-on-the-way-big-plans-for-phase-2/
The company did themselves no favours by the recent Helium takeoff announcement and was jumped on by many astute here and closely followed by the behemoth ASX. Then a downramp by AFR. That hurt and a flurry from Broker stock.
Put things in perspective, Fundamentals have not changed, deadlines are being met time and time again.
The SP is not falling off the earth, Stefano and crew are well aware of ASX obligations and doubt they ever try that one again. ie https://www.renergen.co.za/landmark-phase-2-helium-contract-signed/
The CFO departing was also a brow raiser, the new CFO was certainly not a landmark appointment.
Unfortunately Phase1 production will not produce the Helium numbers we would all like YET read the MST report and the focus of not 3x Phase1 but 10x
Nice weekend all.
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