RE: Have investors14 Jan 2022 13:54
Haven’t seen a buying opportunity like this did 15 years. Missed out on 1 or 2 but I’m right here at the begging for this one. Ten bagger from here, steady rise as more news is released, asset value providing protection, our own facility and rigs, most importantly oil is $82 and rising, might be over $100 but the time we are producing in the 10ks bopd, and more when we hit 100k bopd. Massive under investment across the industry, investors not liking oil unless it’s actually being produced and sold. Drop a horizontal anywhere on our acreage and get 3k+ bopd. Pay $5m for a drill, pay it back in a year and then get the same per year for 20 years x 100. This is going to be quite a ride. Even discounting the new discovery this should be over £1. Ironically the funds may be one more interested in us the higher the price goes due to restrictions on MCAP for new investments. The potential here is still pretty much unknown accrues even the small cap market, great buying opportunity.