I think valuing any company associated with oil is particularly difficult at the moment.
OPEC are happy to see the price fall to make times difficult for US Shale producers. China is trying to stave off a hard landing by fiscal means to increase domestic demand and Europe......? Who knows how long they will sit on their hands before they have to act in a big way to get the economies moving. France still living in the past ......USA surging forward largely because of QE.]
Sadly, many politicians know what to do to improve their economies but they don't know how to do it and get re-elected.
Any valuation of Amur will be based on demand for oil - personally I'm expecting global trade to be higher next year and over the next few years but still some big problems which may derail/delay this.
Great holding fella, looks like you will be a very wealthy man. I wish I had the balls to have built more trading it over the years but like you stuck solid. Hindsight. I had never met Mr young before but after that meeting I was seriously content and wished I had met him earlier as I might never have bought half the other **** I have over the years. A rare aim Ceo much Like Peter Levine at ppc a genuine guy that does appear to have our interests at heart unlike a lot of these ruthless aim beasts live for today type chiefs.
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