VST News Pending....Hello,
I already posted on Friday that news was pending and I thought it was VST. On Sunday we got confirmation of it.
Go to VST mb and you will see that Ahmed has confirmed by email to an investor that news is pending 2 to 4 weeks, he said it was complicated since news required signing off by both Niko the operator and Kurds governnment. They are keeping this very tight so that Iraq accepts PSC contracts without asking for more $$$.
The response by Ahmed was sent today.
If news was non-material, no approval would be required by government. Approval means $$$$, read between the lines.
Looks like VST is a biggy.
I expect LFD to explode once VST makes the official confirmation.
My target is $ 1.00 to $ 1.50 per share.
Better cover fast.
JMHO