Basic comparison... Basic maths13 Mar 2018 00:37
So for all us idiots being played. Let's look at a comparison. Another few oil companies. Please join the game and share some investigation. I would like to share another company I am personally invested in a tiny bit. Tullow oil.
So Tullow pump 76,000 barrels, oh wait, but they are more positive and honest with their shareholders than this sham. They reported profit of 800 million last year. Considering we pump half that presently we therefore should be hauling profit of 400,000 a year.
Tullow, due to basic forward projections, are priced at 3 billion. Having fallen from billions!!!!! Enjoy, and look forward to when they must let the horse run
https://www.telegraph.co.uk/business/2018/01/10/tullow-oil-track-return-profit-recovery-takes-hold/