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yes gladly lol
ATB
Seems you were wrong Duster...GLA onwards and upwards to £20
I’ll wait for full results mate, I don’t trust these polls
yeeha 18 tomoz folks
Relax guys, governments can’t achieve a great lot in Parliament, that’s how it works
I bloody hope so too. We will look like Venezuela in 5 years time.
a weird feeling I hope I am wrong gents
Why’s it looking likely?
Then the pound drops and RRE’s profits increase and it’ll still probably be worth less than the unrestricted cash in bank GLA
And if Corbyn wins which looks likely sadly??
Hi guys, thought I’d keep the positivity going. Here’s a post from Lexion detailing the possible cash RRE are accumulating....
Thought I’d just read through last results again just to confirm how undervalued we are here
On 31/8 we had approx £219 m of unrestricted cash ( £16.84) for each share
Moving forward 3 months I believe that unrestricted cash will have grown to £19.60 a share
My thought process is as follows
20000 boed giving $9m per week income at $63
Production cost of $22 leaves $6m each week
Capex $114m ($2.2m a week as an average)
So that leaves $198 m or $3.8 m a week cash build which is about 0.23p for each and every share
We should be cracking £20 a share of unrestricted cash within the next few weeks
Simplistic probably yes but this is fact ...........
Now don’t be surprised when the numbers drop in and the sp shoots up, I think it’s very important that AA outlines the cash per share they have when publishing full year results. Bring on the new year !!!!