Boil's tiny Mcap of £4.5million is crazy based on its potential17 Aug 2020 16:05
Boil's tiny Mcap of £4.5million is crazy based on its potential especially when you factor in the "step change in the value of your company" comment in the recent RNS, pasted below. The point that Timor-Leste and Peru projects are underwritten through 2020 and 2021 says to me that things are beginning to become incredibly appealing. We have a very very small mcap of £4.5million. Imagine if the next RNS news is a sale or JV of one or more of the assets we have % holdings in? This could go up 5 or 10 times the current price quite easily.
This is what the CEO said in the recent RNS.
“Now that the shareholding in SundaGas TLS is established, the progress of the Timor-Leste project, which has the potential to make a step-change in the value of your Company. Following the recent Placing, our proposed work programme for 2020 and into 2021 in Timor-Leste, Peru and the UK is funded".
Dyor and good luck, Brighty