Maybe they can get a loan from Macquarie bank. ;-)
And the money for Nur 1 will come from ???????
now is time to gofor nur1
Now is the time to go for nur1.there will be plenty drilling companys availble for a good price.some will even do it at cost price just to stay aflote. GO FOR IT NOW
It would may perfect sense to now go for the nur-1 license, as we have the backing of a rich family, and with oil being out of favour at the moment i dont think it would be too dificult to aquire, once oil swings back up it will have been a great investment/deal in retrospect, now is the time, if any that max uses the negative market to its advantage, using the deep pockets of the new family in control
That's revenue not profit. Don't forget they have to run the company and also make the debt repayments. They were struggling before at $100 a barrel, I expect they can't make the debt repayments at the current oil price.
4239 bopd even at $50 equals $212000 a day $1.5 million a week.80 million a year.with nur1 to come.most oil companys are makeing no money.this share price has got to go up.
Datafeed and UK data supplied by NBTrader and Digital Look.
While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.