Early days after the seismic shift, badcompany. For whatever my...

Early days after the seismic shift, badcompany.
For whatever my opinion's worth, I don't think there's much scope for any further up movement, until they announce how the $4 million's gonna be spent.
If you remember, a year or two back they announced a crew would set up in Angola, and seven drill rigs were going to start work gathering data. That fell in a hole, for some reason. I'd imagine they'll have to get some geo's mobilised to site, to get things moving towards a development program. Being realistic, there's a shiteload of work to be done, and the four mill won't last long.
Will their heavy hitter friends buy in for a JV? Will we see drip feed cr's attempted? Will we start to see mainland China punters coming in? And don't even mention 'consolidation'; go with that, and us retail holders will see any leverage we currently have vaporize....
On the up side - the networks, business acumen and sheer wealth of the VMG players is eye watering. The percentages say the sp is more likely to go up over time. I'm optimistic this'll be big in ten years, so will continue accumulating.