Now I hope people may appreciate as to why FDP approval is so important as a catalyst to start the re-rate of the share price, at present we have zilch reserves booked onto the balance sheet, because we don't have FDP approval..............
The number crunchers in the city can't yet see this valuable asset that Xcite has on our balance sheet, and until they can, they will value us based on the current reading of the accounts.........imo......
Usually in the asset column ? A little vague MajorEvent, can you give an example as to how 203million barrels will show in the asset column ? I know CHAPPI has been saying the same thing about reserves not being recognised in their balance sheet. What will the general value be of the recognised 203million barrels and which part of assets will it be shown on ?
someone is getting excited . Sorry about your short position scrott , martman , slipperyoil , vinceinvestor ,scottspear etc etc . Never mind . I am sure you can wait 3 years for another possible chance to short
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