RE: No Change2 Sep 2020 21:41
Rox not my post as I have an interest in BOIL having previously done extensive research however it is factual but as always DYOR: "Not long until update regarding farm in by european major into BOIL's Dunrobin block. Prospect is 172 MMBOE P50 recoverable gross, 25.8 MMB net to BOIL. Even if they farm down half to the the major, at $5 per barrel that equates to a value net to BOIL of about £50M or 1.10p per share, which is 11.7 times the current SP. If they give it the green light the SP will rocket regardless of Chuditch. Tiny market cap, cash in the bank, two mega catalysts can mean only one thing. STRONG BUY"