RE: Makes no sense ….12 Sep 2022 18:23
Simple really, production continues to fall and has been falling for well over a year, duster after duster so unable to increase it, total lack of comms, sentiment and the ability to find any new oil & gas, in fact if it wasn't for the high energy prices we would have already hit 6p which ironically is the value JA gave pre consolidation, lol.
If the next well being drilled is also another duster then I genuinely think it will never get back over 10p again, sad really as the company had such great potential but JA unfortunately messed it all up.
I blame myself as I should have listened more carefully to the guy who over a year ago (just after I bought) warned that production was dropping drastically and unlikely to improve in the near term.