Looks like I've incurred the wrath of 3 blueboys for posting a cautionary tale haha. |
5.4p. Damn I'm up many multiples |
From one of the GEX boards on ADVFN
"apfindley6 Mar '25 - 14:13 - 4275 of 4275
0 3 0
BEWARE.
someone is creating multiple new accounts just to pump this dog all over advfn because they're deeply underwater and don't want to exit at such a huge loss.
BEWARE."
I haven' had time to read what's going on over there but it dropped from 44p in Aug 24 and now sits at 5.4p. I think TW gave it a bad write up but hey ho DYOR.
I've chucked a regrettable amount in here over the years as well as CORO so am wary when I see these super duper recommendations. |
Just got involved in this today as it looks to be a great entry point and great prospects |
Plenty about
Any rise getting hammered! |
Tried for 2m this morning with no luck, suspect only the privileged few are getting any. |
Nothing available online currently. |
This gonna creep up |
Premiums being asked for size already. |
When this moves it moves FAST.
Shares doubled mid/late February, moved from .6p to .13p and then to .17p, will it happen again, you bet it will. |
Potential share price upside if Wilson drilling is a success, between .70p to 2.09p !!!
Current Market Capitalization.
With a market cap of £4.86 million, a successful discovery could significantly re-rate the company. For example:
A $33 million valuation implies a potential market cap of £26 million, a ~5x increase from the current £4.86 million.
A $99 million valuation implies a potential market cap of £78 million, a ~16x increase.
Share Price Impact:
With 3.74 billion shares outstanding, the current share price is approximately 0.13p (£4.86 million ÷ 3.74 billion). A re-rating to:
£26 million would push the share price to ~0.70p (a 438% upside).
£78 million would push it to ~2.09p (a 1,508% upside). |
Chance of drilling success is very high...
The Cooper Basin is Australia’s most prolific onshore hydrocarbon province, with a long history of successful oil and gas discoveries
For instance, in areas with prior 3D seismic coverage, success rates for drilling have exceeded 50%, and in some campaigns (e.g., Santos’ 2006 program), success rates reached 80%. |
IMO, it's been a time to buy ever since the Wilson well drill was fully funded based on the high chance of success with similar drills. With EME raising additional funds for even a larger stake as well as the drilling company, what do they know that we don't? |
Do not miss the boat here, my last post suggested it was time to buy, the shares are up since then however price action is at an early stage ! |
This must be one of the best performing shares this year |
A leaky ship would surely have resulted in much higher volume |
showme - probably leaky ship. Just like we had when our last drill went through butter like a hot knife. |
Why all the late buying 😉 |
anyone got any spare red ticks ? |
Just Grand |
.14p paid on the bell |
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