Extremely bullish here & been waiting for months for this opportunity to buy down here. Bought at 30.4p & will buy more if I get an opp at 29p-30p Bullish divergence on RSI. Resistance becomes support in most plays even if it takes a few weeks/months. 44.2p - 57p next resistance. Longer term will be more as this is a revenue growth making company.
Sorry for format copy paste wrong but here is the values for last years. 53.7m revenue 34.3m EBITDAX 36.2m cash generated Fully cashed up with 17M & 10m facility (undrawn)
South Disouq coming later this year. Easy profit to be made from this levels.
Still hold shares & plan to buy more once dust settles as I think the company will turn around once South Disouq comes online later this year, so one for the patience investors. 24.5p-25p is the support at moment