RE: Ten days in to Royston-1X17 Feb 2023 11:54
The people here are not in it to make 10% or 30%, they are long term investors most have holding in hundreds of thousands. of £ $. They know what PB has for breakfast, the colour of his pants, the geology, everything, they spend hours
reading this stuff, THEY KNOW WHATS IN THE GOUND AND WHATS COMING OUT.
Most here will be millionaires with large holdings, but not next week, we have patience.
First fact, Joe Blogg aint gonna stick £5k in this to make 10% to feed his family, nor will he spend hours/ days trolling through the information, fact, he will go else where to make his profit.
The value of this stock does not exist, depending on the research you do or your belief in your own judgement.
The bull**** as you put it, the punters here cannot string a sentence or use a calculator or they are well informed
have a education and have money to invest, WHAT ARE WE.
Bit more bull****, lets use a *** packet, the cigar box is in humidifier.
Other crap wells produce 1500 BOE
Coho (**** thing) Produce 1500 BOE
Casa1 (bit better) 7,500 BOE
Casa2 (not properely investigated) 7,500 BOE
Lets say 20,000 BOE x 25P x 365 days Net to us= £185 million profit, company only worth 200 million, so
no price rise there.
Then we have Royston full of water or oil or gas
Then of course we are drilling numerous production wells not skinny ****ty exploration wells.
Really is a ****ty share, but l will take my chances with the mug punters here and the other 100 drillings.