Nearby well to EME flowed 988 barrels per day !
Kiwi-1 Test Results Demonstrate Field Commerciality - Bass Oil - Cooper Basin |
250m volume so far. The market likes this raise. |
Yes... people realise the potential here... I repeat - if successful x10. Placees are in and game on. |
No holding back the price now |
Very little stock left at .12p |
Look at the volume. Gone blue |
Stinger, no bust... Mako. |
Bust for sure! |
The drill bit will dictate... x10 or bust. |
Risk reward hugely in favour of the bulls now funding has been completed.
You can bet your bottom $$$ that most of this funding was forward sold hence the 1.2b volume day recently. |
Get in now or miss the boat
#EME excellent news! Land access agreement secured!
Targeting 37.4m barrels of oil in march 2025
Mcap just below £3m
40% stake surely this goes to £10-£15m mcap before drilling
Is this the next AIM 10 bagger |
🤣🤣🤣🤣9315;🤣ԍ15;🤣 |
Read the room folks, you just know this is going to multi bag from current levels, more-so now the cash pot is over-flowing, bulging with circa £1.8m in it, the dilution is over.
Now think ahead about what is coming, 40%+ interest in a potentially company changing well that has a high chance of success, spudding in March.
Add to the mix the Mako Gas stake worth £10m/£15m+
EME current m/cap just £3.2m. |
Showme.. I agree.. that if this drill is a success... and placees are in with the risk here.... then multi bag. It's really simple. |
So many punters never read the interim results....EME running on fumes.
Very apparent. |
That may well be the case, a placing to ensure they have enough cash to avoid default and also increase working capital.If Wilson doesn't workout - this is to ensure survival if you will....Cash |
JJ, even at 0.5p, it's 5 bags from here and Wilson for free |
This raise should draw a line at current share price Onwards and upwards. Placing explains why this was sold into imo. |
Indo maybe worth less than a penny a share now 🤮🤢 |
EME had a £350k liability to Conrad. That's where half of this raise has gone imo. They wouldn't want tk default on that. Gotta keep the Bond holders on side. |
If Wilson fails, Mako will still be monetised and even with 3bn shares, less debt, we will be left with something. Success at Wilson could be more than a 10 bagger at these levels imo |
you're missing the point stinger. If its a duster then they don't need cash for testing. If its a success then they raise at a much higher price. There's only one interpretation. If everything goes pear shape, Kelly is ensuring there is money in the kitty to pay his wages for the next year. |
Therefore judi... in a couple of months time you will either be gloating or you will disappear on success. |
Because nothing is certain.. if it come in then multi bag.. if not they all lose... pretty simple really. |
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