The good thing is that TRP.L had an 80% increase and has maintained at the 4 pence mark for a few days now. This shows that there is excitement out there for the new drill programme. TRP will probably have another leg up to 6-9 pence over the coming month, once this happens investors will deem it too expensive and this is when they will buy into GBP.
The other factor for GBP is the Leighton drill programme, I would like another announcement from Texon on sustained flows and maybe even a sale of oil. That should also move up GBP.
GBP Price at posting:
18.5¢ Sentiment: Buy Disclosure: Held