Agree with you, think the mms are taking the pi55.
This discovery when announced commercial is the key to unlocking billions of boe in the Cambay basin.
Somebody is very keen for this not to move up and we all know Magna were very keen buying. Ridiculously low mc for the potential and the near confirmation of a commercial discovery if a very very premium product.
Through and through, the only reason I'm staying is because of the value I saw in it in the first place, however, I repeat yet again, that was before I was told it was fully funder with the magna deal done,which wasn't done, then a 20% dilution at ridiculous mdav 3.8p, then magna get gifted shares instead of the done deal at 3.25p. So the value is there but I think those in the know want as many of future £millions as possible at some point. gla DONT PANIC
Thanks for your response mate. Remember the Rns actually implied the well was producing on ave 130bbls Per 1mmcf of gas and not just 130bopd in total but if it was limited to this it must still deem the well commercial
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