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Hi Middle East. A well investment decision is due now from shell. Shell have confirmed to the regulatory body that they will drill the well. Once we get this confirmation it should take off here. Selene has a 70 GCOS with the drill and 50% interest. I purchased 8m last month on top of what I already hold. Exploration looking very good with current commodity price
Video attached - https://m.youtube.com/watch?v=9McAbFedYs8&feature=youtu.be
You have to be open minded with all shares. We have all been at the end of a spanking on aim and I would say the upcoming activity here will not get any better for any small cap company. I think it’s 12 years since shell farmed in a drilled out an exploration well and what better partner could we of asked for? The coverage, stock volume and interest will only grow as time moves forward. Many will regret not taking more at these levels when they look back in 6 months time...this is not investment advice btw. I traded this August to September and made ~40% and took a long term hold in November at ~0.83 that has now doubled. I expect to look at these in April and we are in the 3ps if not heading to it. The herd are also still to arrive but that will happen.