Major Catalyst - AIM or LSE listing is on it's way In Sean's interview from the WECA conference, he confirmed that Valeura would be pursuing "an additional listing in London that will progress through Q1".
https://youtu.be/zYIxNn70Rvg
This will give Valeura access to capital for their 2020 development plans (as "most of the money" from their 2018 bought deal capital raise "came out of London"). It will also open Valeura to a bigger global trading market.
"International exploration and production is funded out of London. London gets a European gas story. Coming over to London and doing that listing will be critical, so I'm looking forward to spending more time over here."
The most recent NR's have continued to confirm the BCGA thesis. Somehow the North American markets haven't priced any upside in yet. AIM or LSE will be a major catalyst.
While the London listing has been floated for several months, I suspect that management was waiting for the right moment to proceed. No use spending resources on an alternate listing unless there is a compelling story to sell. It would appear that management is confident that we are there now.
As impatient as I can often be, I continue to hold tight because this rocket is currently fueling up on the launch pad. Launch date is coming soon.