Every sell above 3c is still a gain for 4.5 Am$ placement participants. But i think at 3.2c the bottom is near...
I'm happy with current SP and have built up a nice position in the last weeks.
The references on the homepage of Netherland, Sewell and Associates (the consultants who made the ressource estimation) read like the who is who of gas/oil business. It seems they understand their business.
And China is obviously eager to put a foot into zimbabwe's oil door. If the western company's are too stupid, i'm pretty sure the Chinese will be very happy to pay the 20 US$m for a well.
https://news.pindula.co.zw/2018/12/...uild-new-capital-in-mt-hampden-report-claims/
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Every sell above 3c is still a gain for 4.5 Am$ placement...
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