I have to agree though very expected of course. With BOPD, that must be approx 320-350 mark now, the Mcap is a pure joke and has been for along time. How in any way can we be valued at 10.5m now and near twice that 2 years ago (before the spike) with approx 80bopd.
Indeed how can we have settled at 2.2p following the 50% sudden drop on nothing, when most expected an approx bopd of 200, yet now were over 300 and we sit at 1.1p!..surely insane.
For this to move the BOD really need to spell it out to the market, nice and simple. BOPD stands at xxx.
According to the RNS, it's 4-2 ML/Woodford with ML contributing 56boepd and Woodford 40boepd. In either case, I think the figures are very good for infills. With the Board describing them as 'excellent' and above expectations, why was your expectation 135+?
Yes, thanks. I went back to have a look. Woodford definitely not included.
This RNS therefore also bodes incredibly well for the Woodford CPR. Has this been commissioned does anybody know? I think I read somewhere that it had but have found it difficult to keep up these past few months for one reason or another!
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