RE: +South West uk waters16 Oct 2025 12:00
""So why you bitter now? If you want to multibag again, buy now.""
I am not bitter at all, and when I punted it, it was because of the "potential" for oil in the basin, unfortunately for them it didn't really deliver, other than the but of fracture fill they hit at HH, so it was an easy cut & run.
What I do feel for, is the 100's or 1000's of retail punters that got dragged down with the bullshine this shower persistently put out there, only to see mass dilution through their highly successful confetti production facility, and a failure to deliver anything of worth, after spunking over £100 MILLION of investor funds.
You say buy now !! I say I wouldn't touch it with a barge pole, there are ZERO fundamentals to support them, just liability for P&A & restoration of the sites they now don't produce from, and a valueless MOU, that is likely only given so the big players in this can show some almost nonsense industry interest to support their OWN goals. lolol
You will find out the hard way, as so many have in the past.