Its an obvious statement to say we are sat on a gold mine excuse the pun, oil prices will rise, only a matter of time, the takeover without being greedy is probably worth between £4-£10 a share imo.Wether that will happen remains to be seen, or GKP take it forward to 100,000bpd plus and strong oil prices will see it skyrocket, obviously regional factors will always play a part but so much imho.Im hoping its not another Afren for all the investors here including myself, I cant really see it happening because for a super or themselves its a gravy train GLA
I'd be happy with $20 plus the income from local sales. It's only going to be enough for us to tick over to Oct. Only when we get most of our output blended through the pipeline will we get anything respectable back.
I wouldn't feel anything The market is designed to play your emotions Rather decide on the information available whether at 28p market cap £275m is there a sound investment case? I think 12bn oip is not disputed. Potential recovery percentage over time subject to debate. 43,000 bday or thereabouts not disputed. Payment of arrears and ongoing subject to debate. GKP a potential Takeover target? not disputed just what price achievable subject to debate. Institutional support not disputed as major stakeholders increased at higher price. if you park the emotion the investment case is strong.
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