Ah the roller coaster of aim, or is that FTSE250 or even FTSE 100. Might I suggest a name change, based on my own experiences. RIskEndureSufferBigRewards
Or the kitchen sink, worktop, units, doors, handles and all the appliances ! I still think it was all in order to get rid of the CEO. Which should mean the SP will recover to the previous range.
Petrochemical engineer ( I know some ), so I will defer to his greater knowledge of oil, Bit like our friend was erroneously saying about Heavy oil being bad this morning. Hes also knocking on a bit at 75 so hopefully a quick resolution here. My guess is a buy out.
With a more similar market cap CEY did 79 to 150 in short order this year on a similar story to TLW. Reduction in guidance, a drill break down and temporary loss of market confidence. Now going to be taken out at 125p I believe.
That myth has been debunked I think when you look at the small print it said the Norwegian Sovereign Wealth Fund would not be investing in any new Oil and Gas explorers only. I think even that part has been debunked too. Its just good PR for them but then they do as they like and whos going to bother to check.
Correct, I would add from what we have been told ( and some further analysis which is out there ) Jethro and Joe do not sound too good. However some clarification could provide further upside.
That wasn't meant as an attack on RMG, although I do find it a little amusing. I was just curious about it. Have held RMG a few times so have a bit more than just a passing interest. I once did a half marathon , come to think about it I ate the other half later as well.