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There is a chance of a bump in the stock price after his Tuesday presentation. However the short sellers will keep trying to push the price lower so likely price dropping till news on the current well is official. So just sit and wait.
GOOD LUCK everyone except think the shorts may loose big time if they do not cover, but then they know their risks.
Always do as you Feel
Not what you Hear
Happy investing to all
GLTA
There is that day when things happen. ReconAfrica management has been working. Our day here will come.
You bet I'll enjoy a beer this weekend!
Keep Calm and Kavango On.
Shorts are in the driving seat at this juncture. Once the drilling of the well first commenced they knew that it is going to take approximately 60 days before any real news. There plan is to try to get some to sell, and keep bringing the price down. Once we are close to completion of this first well then things may be very different. I say may as I have not a clue.
For now until we are close there probably is going to be a lot of ups and downs.
I personally hold onto my shares, as anytime while this well is being drilled, News could be released.
Hopefully good news trapping all of the shorts
Always do as you feel,
Not what you hear.
Happy Investing to all.
https://www.reuters.com/business/energy/ukraine-war-rekindles-europes-demand-african-oil-gas-2022-07-22/?fbclid=IwAR2YRIS1FFcIeOcVbTaROCbSYnKGO33_fkzjYlVAMFMB6ojC_Zj87XcseZ4
Looks like lawsuits and complaints are not working, so they are trying to bring the price down to worry some.
Nice try,
Always do as you feel,
Not what you hear.
Happy investing to all.