RE:in last 5 minutes ..
Some people were expecting something after the recent visit to London and presentations by Paul.
Personally, I was not.
I was expecting those presentations to lay out to analysts and institutions:
The potential for the Royston 3rd Zone oil discovery - just making them aware
The next phase of exploration and what they are targeting - just making them aware
But most importantly, letting them know the potential of the Royston 2nd zone and how valuable it would be, if it flowed and is thought to be very large. Letting them know what testing is being done and how confident they can be SHOULD the testing be good.
That allows them to plan ahead and then make some very large share purchased SHOULD Royston 2nd zone flow well. They can now make informed investment decisions based on if the results are good.
Hopefully this will make a "step" change to the valuation ahead IF the results are good as it will not be little PI's buying in on the news, but hopefully some very large institutional buying will be there in the event we have good news.