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08/03/18
23:14
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Originally posted by TheGladiator
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I must sound like a broken record but the key to vka and how it's differentiated from other shells is the have enough money to buy an advanced or brownfields project. They won't be buying a lease that is highly speculative and has never drilled.
So overnight we are going to go from a shell to owning a big proven project.
I do agree with you though 5c will be level we will find hard to push through without an aquisition. But I definitely feel 5c is fair value for VKA until they announce the Aquisition. From there it all depends on the Aquisition but another few bags from 5c definitely possible if they land a big Aquisition.
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no worries
i am holding 1/3 of my profits waiting for an acquisition & won't be selling
i first bought in July 2015 so its been a long time