Cant see it taking more than 12 months. Zimbabwe pushing for investment and IHS wont be short on wanna be farm in partners. the prize is giant and the drill is on shore so cheap. My guess is drill ready in 12 months.
a successful drill and you're looking at 150 times todays value easy.
I ran a poll to some of my english investor followers about what a company should be valued at with these assets 12 months prior to being drill ready and 60% said £50mn+ thats 9 times current share price.
IHS Price at posting:
4.3¢ Sentiment: Buy Disclosure: Held