IMO -5 May 2024 21:19
My opinion is Hold because that is all we can do at the moment. Now - IMO pet res has not made a bid for any licenses either - for me they do not have the capability or capacity to do so. As funds have been mentioned then they don’t have. With regard to the SP rise to 150p + this was just after the Gulf War when Iraq was liberated ( so called liberation!) and then of course the speculation poured in about PETs capabilities to tender/ develop oil fields. Who was to know then as we do now that this so called Company is full of bluster. I know this company more than most having seen its rise/ and fall over all of these years. I hope I’m wrong but I don’t see any submission made. If there was why would they not tell us in a RNS??