Mcap? Really? So all assets are worthless and we'll lose anther £40 and zero earn in?
Nope, too low, back up we go. I'm in.
Near debt free, $1bn FCF, exploration growth all over the show, 9% dividend policy, hedges coming off, shorts coming off, one of the richest people on the world buying in, UK hinting at positive EPL adjustments, M&A strongly hinted, at a three year low SP.
Madness.
Not forgotten this...
"If confirmed, that would be biggest build since February. However, the U.S. Energy Information Administration (EIA) has delayed release of weekly oil inventory data, usually on Wednesdays, until Nov. 15 to complete a systems upgrade."
Reckon once reported, it will surmise to the upside.
Many saying the AA RNS was in the bank. It wasn't. It's a fantastic result! The response is a huge opportunity in my view. I've seen these JV setups take the company to 10x SP when the partner gets moving, like AA have.
Blocked all the obvious derampers, no vale in their view (they is in general criticism).
Game on :)
I have several positive references as to how different a JV with a major is, versus alone/capital finance stories.
Totally relaxed at this price, after a few successful drills, would expect £100m plus.
I'm undecided on placement now I know the drill is ALREADY turning. Much better than I believed.
Don’t think many will have bet on that.
Couple of pence offside I reckon, will be through 4p this afternoon, at the least.
Holding in SIPP now and doubled size, couldn’t commit until ink dry. Now it’s better than that.